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I think there are too many and it’s bad for the hobby in general. What happens is people spread their spending thinly over several systems. This will ultimately affect some companies where by they don’t sell enough to be sustainable.
We’ve been in a period of expansion for the hobby, some would call a Golden Age but that is now going to bite the hobby and industry in the rear in the wake of this pandemic and Brexit. Unfortunately I can the number of companies and therefore systems reducing over the next couple of years.
Myself I’m like most hobbyists and have my fingers in too many pies. I don’t really have enough time for all the systems I try to play. It’s one of the reasons why I’m considering cutting back and narrowing down which ones I plan to stick with.