I don't see microinverters ever becoming a viable option from a financial standpoint.
I believe it could be possible but it requires a different mindset. I.e., they should be
solving problems, not adding them. They concentrate on a few made-up/exaggerated problems and forget all the rest.
But there is room for improvements. E.g. DC cabling between panel and inverter. DC connector mess with MC4 and compatibles.
Microinverters do not even try to do aynthing about this. You still wire the panels to the inverters. Shorter wires, yes. Still wires. Still connectors. Still authorities saying you must match the connector brands. How the fuck you are supposed to do that, buy Enphase branded MC4 connectors, strip off the existing connectors from panel stubs and re-crimp the Enphase MC4 connectors? At least on a string inverter you have much fewer connectors to crimp.
No,
microinverters would need to integrate into the panel itself, to create an AC panel. Then it needs a well designed weather sealed AC plug system. Just like MC4, but single plug for L,N,PE. Then add a reliable and problem-free power line communication or wireless system. Engineer it all top-notch reliability, but also engineer it for low cost (increasing NRE to decrease unit cost), and then apply economy of scales to bring the final product price down. Which is chicken-and-egg, you need money upfront for all that work.
And do all of the above really well, there is not much room for error because competition from normal string inverters is harsh, and optimizers cater pretty well for those who want to improve trackability of panels + partial shaded production.