How large (or small) is the audiophile market?

While the current audiophile market feels small, my thought/theory is that it may grow significantly at some point in the not-so-distant future.   

One of the hurdles I hear frequently cited as a reason that the younger demographic does not participate is they can't afford to buy a home to put the equipment in and can't really afford the equipment. That dynamic is about to change, in a rather big way.  

Over the next 20 years, we are heading toward the greatest wealth transfer in history.  Estimates are that boomers/silent generation will leave over $84 trillion dollars to their heirs by 2045.

That amount of newly found wealth will eliminate many/most of the financial hurdles that currently limit the participation in this hobby.  And the younger generations don't seem to have the hesitancy about spending money in general that preceding generations seem to have hung onto for many decades.  

So, there it is.  The future could be bright for this hobby. Afterall, that $84 trillion dollars will largely be spent, and much of it on homes/hobbies/experiences.  Having a kick ass home theater could well become much more common.   

@michaelspiellman I am not leaving a dime for my kids. When I die they will or will be well on their way to being very well established in life.

I am spending their inheritance on them know when they need it. Helping them buy their first homes, paid for their college, bought their first mid level audio system and when they need help or things come up I offer to help. 

Whatever is left will be given to my Church, Samaritans Purse and the local Humane Society. 

I think the International market is huge. Especially in Asia. Classical music is a big deal in China. There are more pianos in China now then there ever were in the West. I have noticed that most Audiophile brands are bought and sold on Ebay from all over the world.

Back in the early 80s, I worked for a small company where the owner was the Imperial Potentate of Shriners International. I clearly remember having a conversation about the decline in their membership.  His view was that over the decades, men had more options for spending their time compared to the past.  It seems like there is an element of this happening in the audiophile world.

Being "audiophile" ask for a minimal level of  artistic,literary and spiritual education which level had decreased in the West compared to traditional Eastern societies...

Technological training for industrial needs is not education which is about values....

 Then sophisticated musical forms are put more aside...

Sound quality had improved nowadays to a minimally satisfying acoustical threshold, his cost decreasing, then people consume the music from the programing media without being bothered about sound quality, when they are already  passed over this improved  minimal threshold ....

 Then a fool as myself who bother to ground his gear pieces at low cost to hear a jazz quartet or a chorus piece of music appear nuts, especially when observed from a phone camera in his dedicated acoustic room among tubes resonators of different kind...

If a person spoke about acoustics resonators we then  must put him in an asylum  ...Anybody speaking of the unexisting "soul" and of music meaning hierarchy will be isolated and  we will be protected by this mental disease by some injection for sure in the near future thanks to our oligarchs for this medical progress..

In a word the dimension of  the audiophile market depend of the definition of "audiophile" and  if i bought only peanuts cost gear, as i  did by budget limitation, am i an audiophile ?