macro, the only reason i disagree w/your projection, is because, imo, hi-fidelity has
always been a lunatic fringe part of the mainstream music industry, both for mfr's & for listeners. hi-end mfr's have always been hand-to-mouth, w/a few becoming well-known & prosperous.
"same as it ever was" 
i always thought hi-end was my pioneer receiver, dual turntable, bose 901 speakers, & graphic equalizer/pink noise generator to flatten out the frequency response - a system i bought at the ripe old age of 13, back in 1969. it wasn't until i heard thiel speakers, electrocompaniet electronics, & vpi source, in ~1984 that i realized i'd been missing a
lot. : and, then, i finally realized what my step-brother was telling me, back in 1969, that i shoulda gotten jbl speakers, empire turntable, & dynaco amplification...

my kids, at 12 & 16, have been exposed to my hobby. they love music. while they appreciate the conwenience of lo-rez formats, the also enjoy, & can hear & appreciate the difference of a decent audio rig. i would be wery surprised, if years down the road, they don't have a hi-rez playback dsystem in their dwellings...
regards,
doug s.
Doug - You're right. Hi-Fi is not dead at my house but it is seriously wounded since I sold my Zu's and installed these JBL's.
I think you overestimate the significance of a few thousand aging audio freaks. We are the past. The future is heading in a different direction. Quantity is being emphasized over quality. Disagree if you wish. All you starry eyed prognosticators can cite your reasons why you don't agree and call me a pessimist for pointing this out. Money has overwhelmed our industry. The days of innocence are gone. Most manufacturers are hand to mouth. Some, like Thiel, have enough momentum to attract corporate suitors but most will evaporate in short order. The Dream Is Over!
Several well-known manufacturers have told me that they will be able to make a living fixing what they already made when the other shoe drops but they feel for newer guys with less traction because time is running out.
One of my kids may pursue audio on his own. The other one probably will not. This is a household where they grew up on the stuff and have had it spoonfed to them. Pachelbel's Canon in D was playing in the other room when they were born at home. Still, the interest is modest. Most young people have not had that exposure, don't care, and never will.
I hope you are able to understand that when I say it is over, I am making a projection. I don't mean it has stopped breathing but it has stopped generating new cells. The end is near.
Soon our demographic will be limited to the very rich and the very poor.....and so will our audio products.