I wonder how many audiophiles there are these days


There’s a lot of speculation about how this is a dying hobby. I’ve been at this for 40 years, and it certainly isn’t what it used to be. In the old days there were cars and stereos as “toys” and that was about it. Now there’s a long list of competition, together with a general lack of interest in high end sound quality (Pono didn’t make it, which was no surprise). 

My kids friends come over (millennials) and I often get a “wow”, and that’s about it. I keep an old vacuum tube in a drawer to hand them, for the inevitable question “what are those?”. Then I tell them about how I’d go to the drugstore with my dad and do the TV tube test as a regular activity, which usually leads to a strange look and a sudden desire to know what’s for dinner. 

Anyway, there are still many high end equipment companies, probably more than ever, but it’s likely most only sell a handful of units. Serious audio stores are pretty rare, witness the road trips some of us take to just hear a set of speakers. 

If if you define “audiophile” as someone that is seriously interested in this as a hobby, does serious research on components, and is willing to spend a significant sum (which is totally relative), how many of us are there? I suspect at least 10,000, but not more than 50. Total guess, I’m hoping it’s higher because it’s a great hobby and I’d hate to see it get any more rare. 

Probably more important, is whether interest has stabilized. I think it has. There seem to be a lot of younger guys in these forums as well.

What do you think? 
JL


glow_worm
People still want good sound but lifestyles have changed and technology improved so not as big a deal to get it as it used to be. High End Home Audio industry is a small niche. Always has been. But there are more really expensive choices out there than ever for that as well.
I've been into audio since the early seventies. I must have just missed the tube testers in the drug stores because I never saw that. 

Certainly there is a demand for this hobby, but I believe it's slowly fading away for sure. I must have had 3 or 4 high end brick and mortar shops within 20 minutes of me back in the day.
I think the great recession was a wake up call to many, and might be part or most of the reason for the decline. Me, I recently retired so I'm done with the "trading" part of this hobby. Had to make some big changes because my Klipschorns were not going to fit in my retirement home. I got my system just where I want it now and hope it lasts a good long time. Just sitting back and enjoying the tunes now.
The size of the high-end market demographic is probably better understood than ever before (just like in any market) due to our ability to mine big data, go after buyers (like what Salesforce does), and coupled with market research that has always existed.  The best indication is how many (and of what size - factor in consolidation) suppliers there are in the market.  Companies don't exist to lose money. 

Personally, I don't care.  I will continue to enjoy high-end audio whether 12 or 12 million other people enjoy it and regardless of the trajectory of this market over the next 30 years. It's a solitary and personal endeavor for me...to nurture my soul and I don't care how many others "get it". 
Three...you missed the point, I should have spelled it out. If there are 12 not 12M, then product improvements go away, quality recordings etc. this is why it matters. 
@glow_worm  Yes, I agree that there needs to be some baseline level to keep product development alive.  I think we are well above any projected downward trajectory for that be an issue in my lifetime.  Point taken though.  I'm at point where I'm pretty happy with what I have so I'm more interested in replacement parts which always seem to exist.