I think people will eventually look at newer products more in terms of how they meet needs, how they work directly and what kind of particular appeal they have instead of "oh, this is just like that console/delay/compressor/etc.!", if for no other reason than we're already at a point where tons of people who love and use these softwares already have never touched anything like the analog counterparts of their plugins to begin with. And the ecosystem and economic factors that put those powerful things together to interface with the music industry as it existed, have drastically changed as well. I don't know if the big money will still be there in the same way to put these things in people's reach, even professionally, much of the time. There will be fewer and fewer people with any real knowledge of how the original stuff sounded, to make it such an appealing thing in the first place.
All that said...
There will probably still be wonderful artifacts of old analog modeling behaviors. For example, we're probably always going to want great sounding clipping as an option in different ways, so is it likely that the methods used to simulate tube (and other pleasantly distorting things') nonlinearities are going to suddenly disappear in the future? Hardly, I just feel they'll be used more freely and less with relation to "original hardware counterparts." And maybe people will feel freer to combine technologies, have a really neat analog modeled circuit bit here going into some cool digital waveshaping there - etc. - to do things that haven't necessarily been done before.
Anyway, whatever I say, there will probably always be models of more accessible gear that people do have potential to experience, and models of inaccessible gear too that people covet and salivate over, as long as there are original units being made & vintage units in use I expect there will be a market in digitizing their capabilities best as one can... I just don't think it's going to remain such a big focus of the industry as a whole forever. And I think we're already seeing this in different ways. I'm thinking in terms of decades, to be clear, not anticipating major changes quickly

