Is HiFi making a comeback?

Are we seeing a resurgence of HiFi audio technology in today's digital age? With the rise of streaming services and portable devices, many have argued that the need for high-fidelity sound has diminished. But, with a growing number of audiophiles seeking out superior sound quality and manufacturers investing in new HiFi technologies, is there a chance that HiFi is making a comeback? Or is it simply a niche market catering to a small but dedicated audience?