Where is great audio going? - Headphones and Mid-Cost


I've been thinking about this for a while. If CES is any indicator, the high end audio market is shrinking.
However, music consumption is not. Where is the disparity?

In my humble opinion, it is going to headphones and mid-cost gear.

Before I go too much deeper, let me say that I feel there is a big difference between "high end" and "very expensive."  Not everyone agrees with me. If a cable costs $30K it MUST Be high end right? That's not me.

The modern audiophile is much more likely to be into headphones. Discussions about headphones, and DAC/headphone amps have incredible high participation. I'd venture to say that there are a lot more headphone audiophiles today than traditional 2 channel.

This is for a couple of reasons. Cost is a factor, but also space. You don't need much more to have a great headphone setup than your desk. To get a great stereo setup you need the space, the acoustics, and considerate neighbors. The average apartment dweller (like me, sadly) just does not have the resources to build a home, with a separate listening room. Also, we spend so much time in front of our PC's, that if we are going to enjoy music, it makes sense we optimize for it rather than a listening room.

My point I think is that we are going to have to stop looking to $50k amps to drive the high end. We have to disconnect ourselves from the idea that price = value and start thinking about our community as being able to encompass more music lovers in the way they live today.

Best,

E
erik_squires
I think the manufacturers especially in the 'digital' domain are squeezing an already fairly small market with prices that are just not for the common person. All my friends have everything on their cell phones and are quite happy. You only have to see the people who go to Hi Fi shows to know that the much younger than I set are nowhere to be seen. 
With the advent of companies that are catering for the average Julie or John I applaud you for making reasonably priced Items of high sound quality for 'we the people', not 'we the few(er)'. 
Also, US dollar is over valued simply because it is the reserve currency . Taking 15% of "pie" off and allocating that to Chinese
is hand writing on the wall for financial markets .Trust in US in general is at all-time low .
High-end manufacturers and retailers have the same increased costs in health care, housing, daycare, college tuition, autos and food as the rest of us, so they have had to increase prices on products that are, for us, a luxury hobby.  

Phones with good DACs and hi-res streaming have largely replaced components for millennials and gen x-ers, born after '96, and I can hear why--bought an I Phone XR for my wife, and does it ever sound good, even through the stock buds.  All of the sound is there, plus some I wish I had in my system.  
High-end manufacturers and retailers have the same increased costs in health care, housing, daycare, college tuition, autos and food as the rest of us, so they have had to increase prices on products that are, for us, a luxury hobby.  

Should their chosen private life (for the most part) Impinge on the products price? I am not meaning the business over heads or expenses either. Naturally, a profit has to be made.