It means the PC gaming market isn't expanding as fast as the glorified pocket calculator market 
Where a lot of that came from was probably the apparent implosion of SiS.
I also hope nV don't drop off too much, since competition is part of the reason the market has progressed as fast as it has
Actually in the long term nVidia won't be competitive. The trend in the market appears to be shifting towards these new fangled CPU/GPU hybrids, which is what the AMD Fusion and Intel Larrabee are. Both of them had been tooling up for the last 5 years to do that, and we're now seeing the end results. nVidia has made no such preparations, and doesn't appear to have any plans for a competing product.