Edited, made it clear I was talking about companies.
But for most consumers, the same applies. Most people don't want to own records, or even own music. They want to listen to music.
They don't want to own cars, they want to get to places.
> However, it’s impossible to get the same quality for the same amount spent this way, since vendors prefer the service business model.
Not just a matter of preference, but economies of scale. Most consumers don't want to install and run their own local CCTV service, so the market left for those who want is too small to achieve the same economies of scale as the service market.