Software subscriptions are payment models that allow users to access software applications for a specified period, usually monthly or annually. Instead of purchasing a software license outright, users pay a recurring fee, which often includes updates, support, and additional features. This model is common for programs like Adobe Creative Cloud and Microsoft 365. One of the main benefits of software subscriptions is that they provide users with the latest versions of the software without needing to buy upgrades. Additionally, subscriptions can be more affordable upfront, making it easier for individuals and businesses to access essential tools without a large initial investment.