Well... If you take a look at who’s attending the Audio Shows, from what I’ve seen it appears to be more folks over 50 than under. I retired in 2023 and during my work life, my career offered me enough discretionary income to afford some really nice gear. I went through an evolution like many of us as we traipsed down the halls of equipment upgrades for promises of sonic improvement. Now that I’m retired, I don’t have that luxury of discretionary income, however I’ve managed to have a good system that I can thoroughly enjoy for my listening. Younger folks who are budding audiophiles as many have said just don’t have the time and $$$ to make high value equipment purchases, nor enjoy them due to lack of time.
In the 80’s and early 90’s, you could swing a dead cat and hit an audio store in most towns, and now they’re but a memory in many cases. I visited one this week and enjoyed it, however it was a far cry from those stores of yesteryear. More mid-fi than hi-fi. Yet the major equipment manufacturers are going gangbusters with new designs, especially in the digital realm. And price/performance in the digital realm has actually come down putting quality digital reproduction in the hands of more people. My daughter (36 Y/O), a budding audiophile has gotten some of my hand-me-down equipment and nearly all of my vinyl since I’ve gone strictly digital. But like many other young folks, doesn’t have a lot of time for serious listening. But I do think though that while the days of Boomer audiophiles may be numbered, many others are coming that will carry the torch and keep this industry moving and thriving.