The subscription model involves paying in periodic intervals for goods or services
based on a prearranged capacity, the team at Juniper Research notes in a report.
The research report explains that the subscription economy is an umbrella term for the market surrounding subscriptions, “including subscription commerce merchants, subscription management billing services and payment processing services that support recurring payments.”
Juniper Research defines a subscription service as “a product or service that is bought or accessed via a recurring payment that requires no additional action to terminate beyond cancelling the payment.”
More details at the link
