If anything, there seems to be a waking up session going on right now, people notice that most gamers don't care much for on-line multi-player (coop, competitive, whatever).
I am obviously not saying there is no room for MMOs, or CoDs type games, but like single player story or action heavy games, this is not what everybody wants and many people, like me, simply do not want any of it, or rarely want it (if I have to pay for online I don't use it, plain and simple).
Anyway, I'm happy, we have proper MP games (Destiny, Titanfall) and proper SP games (Infamous:SS, The Order 1886, most Indie titles) so everyone is happy... we still have many SP focussed games that have MP tacked on, sometimes it's even good (The Last of Us, Uncharted, God of War, recent UbiSoft titles) ...