22 Hrs
Source:
الاقتصادية
The Subscription Economy and Family Budgets
The article focuses on the development of the "subscription economy" as a key component of digital transformation, where consumption patterns rely on accessing services through monthly subscriptions rather than owning products. The rapid growth of this model, currently valued between $550 billion and $600 billion, is expected to exceed $1.5 trillion by 2033-2035, driven by increasing numbers of subscribers to digital streaming, cloud services, and productivity tools. Studies also show that the monthly expenditure on these subscriptions presents an escalating financial burden for households, averaging $219 in the United States and 450 riyals in Saudi Arabia. Furthermore, AI services have become a core subscription category, with users spending an average of $66 per month on them. The article clarifies that the subscription economy is not merely a financial model but a structural transformation that redefines the concepts of usufruct and ownership, leading to a continuous financial load on consumers despite its flexibility.
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