I used to speak about a software drought for the 3DS around 2014. Nintendo already put out all of their big guns. Pokemon, Animal Crossing, Mario Kart, 3DLand, Nintendogs, NSMB2, Brain Training, LoZ. What other big portable games do they have? They also have Monster Hunter, Tamagotchi and Puzzle and Dragons released for their platform. Outside of Dragon Quest and FF I just don't see what we can have to make it beat the software already released.
Furthermore mobile seems to be a larger priority for the largest Japanese publishers so I'm not sure even 3DS will continue getting blockbuster games from there. Because of this I expect the tail on the 3DS to be significantly shorter without more major releases to prop it up like the DS had.
The best case scenario I see Smash if it does as well on portables as it has on consoles and a few lower profile games such as Kirby, Yoshi and a few localisations for the west. Past that I can't imagine them developing for it in favor of the Wii U which actually has some competition now.