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July Digest: AR/VR news. Use cases, industry updates, new hardware and tools on the market.

The main challenge almost every entrepreneur faces is the cost of starting a startup, often with a severely restricted or even nonexistent budget, especially at the initial stage. Startups need to create a competitive mobile app at a reasonable price. So, they try to find tricks for optimizing the cost of building an app without sacrificing the quality of the finished product.

The main goal of using AR/VR technologies for corporate events is to improve the traditional way of holding events, especially when adapting to remote working environments.

COVID-19 has had a significant impact on online shopping. According to statistics, the pandemic added $102.08 billion to US e-commerce. People started to spend more time on the Internet, including online shopping. Today, about 22% of people shop online every week, and 27% do it every two weeks.

According to Bloomberg, the AR/VR market will reach $455 billion by 2030. Compare this to the same stats from 2020, when the market was valued at only $15 billion. Impressive, isn’t it? This tremendous success comes thanks to the ability of AR/VR mobile apps to bring benefits to almost any industry. As you already know, these technologies can interrupt nearly any business. Today, we’ll take a closer look at one such industry you may not have thought of:  museums.