It will not die soon but without innovation its market share will go downwards again.
Delphi got a lot new things the last years? A lot of language extensions, LLVM-based compiler, custom drawn widget set, new targets, got rid of old habits (ARC-based MM) etc. While some of them were just needed, I would call also part of them innovative like ARC or FMX.
Maybe FPC and Lazarus should start innovating more.
It probably does not happem because of the same problem as companies have: resources.