Download This PaperImplications of the Subscription Economy
25 Pages Posted: 17 Jan 2022
Date Written: January 2, 2022
Abstract
The subscription economy is revolutionizing financial markets with the introduction of digital business models, playing a significant role in the lives of citizens across the world. Revenues of subscription businesses are growing five times faster than S&P 500 revenues, with unprecedented expected revenues in the coming years, highlighting the intrinsic impact of the subscription economy in financial markets. As companies pivot their business models towards a subscription-based mindset, the opportunities and effects arising from this subscription economy are reverberating. Throughout this paper, we will analyze the true extent to which the subscription economy has commandeered global financial markets, especially with a variety of companies shifting their business model to encompass some aspect of this arising opportunity.
Keywords: Economic Growth, Trade and Globalization, Subscription Economy, Subscription Based Economy, E-commerce Directive
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