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Tech glossary

Subscription economy

The subscription economy describes the trend toward asset access and away from asset ownership. As cloud technologies become increasingly common, businesses and individual consumers have increased their adoption of digital services, which allow them to access resources on an as-needed basis.

Within the subscription economy, services typically align with one of two models:

  • In consumption-based services, the customer pays only for the portion of the service they use.
  • In subscription-based services, the customer pays a recurring fee to access a service, and they can cancel their membership as needed. Some subscription-based services adopt a tiered model in which users pay a premium to access particular tools or features.

Learn more

Related terms

  • Anything as a Service
  • Data Center as a Service
  • Device as a Service
  • Infrastructure as a Service
  • Software as a Service

Featured content for subscription economy

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Improving Data Availability for Mission-Critical Applications Whitepaper / 9 Jun 2020

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Spend Less on All-Flash Storage Whitepaper / 9 Jun 2020

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Managed Security For Compliance Services Solution Brief Datasheet / 12 Apr 2021

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Gartner: 2021 Magic Quadrant for Managed Workplace Services, North America Analyst report / 6 Apr 2021

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