Unlikely ever to be more than a novelty.
I'll quite possibly have to eat my poorly-focussed hat on this, but I would be amazed if this ever became anything more than a novelty. It cannot squeeze down to a practical depth to fit into a phone which is the big market for novel photo apps - and that's a physics limit more than an engineering limit. Even with the absurd rate of increase of pixel density in sensors, you still lose pixels geometrically with this system - crudely speaking, N planes of focus means you only get an Nth of the raw pixels of the sensor in the final image(s) - so you hit the noise limit for tiny pixels N times faster than with a 'normal' camera. And there are far less "clever" but far more practical methods of after-the-fact focussing. The small sensors and lenses on compacts and cameraphones effectively give infinite depth of field already and it isn't rocket science to measure and add a depth parameter to the raw image.
Most annoyingly of all, the focus on most Lytro images is terrible. The focal plane is never truly sharp regardless of where you try to refocus the image.
Light field image capture is a super clever solution to a problem that simply doesn't exist.
That said, five or so years ago when this was first proposed I brashly declared that it would never be anything more than vapourware so I don't have much of a track record here.