Timelapse Market - Oversaturated?

Hi Guys,

The title says it all really! I love doing timelapse but I am wondering where others think the timelapse market is going? Is it getting too Oversaturated with quantity?
 
I have a friend who does time-lapse for corporations, event companies, construction companies, and government agencies. Often the footage is for archival or promotional video. For instance the event companies would use the time-lapse footage of their stage being built or the convention floor being built out. They then add this to their yearly reel. It's only a part of my friends business. How much a part, I don't know.
 
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