Okay, but there are plenty of subscription apps that could just drop the cloud features and like 99% of the user base would be fine with that, Office and Adobe suites being obvious examples.
Sure, I don't intend to dispute that at all. There are also cloud-based apps that absolutely could not be, and at least part of the reasoning is probably to make it easier to charge a subscription fee.
I think the model's seen as being more lucrative, so even businesses that don't inherently need it so much try to find a way to adopt it.