They are clearly losing market segment after market segment. Flash and Dreamweaver have lost the Internet market, Flash/Animate is no longer the clearly dominant software for 2d animation for media and television, XD is losing the web UX community, Photoshop is losing the hobby and semi-professional drawing community.
Adobe has enough momentum and moat that their demise will stretch over decades, and they could halt their fall at any point. Retaking market segments that are lost is hard, but regaining the trust of those about to leave is a lot easier. But if they keep course their eventual fall into irrelevance is inevitable.
Adobe has enough momentum and moat that their demise will stretch over decades, and they could halt their fall at any point. Retaking market segments that are lost is hard, but regaining the trust of those about to leave is a lot easier. But if they keep course their eventual fall into irrelevance is inevitable.