Visio products delivered via volume licensing programs are licensed on "per Device"" model similarly to other Office products.
Visio Standard is an on-premises diagramming solution designed for people who want to quickly start creating professional diagrams with ready-made templates and shapes.
Visio Professional, makes it easier than ever for individuals and teams to create and share professional, versatile diagrams that simplify complex information. Visio Professional includes all the functionality of Visio Standard, plus updated shapes, templates, and styles. It also offers enhanced support for team collaboration, so several people can work on a single diagram at the same time, and the ability to link diagrams to data instantly. Visio Professional also helps prevent information leakage by enabling Information Rights Management.
Customers should review the official licensing documentation and consult with a Microsoft licensing specialist to ensure compliance and determine the most suitable licensing approach for their specific requirements.