LabVIEW is not dead yet but it definitely feels like it's getting ready to move to retirement community. I am skeptical that the redesign that comes out in the future will do anything to reverse the trend.
I also just think that the closed and proprietary nature of LabVIEW will grow into a heavier and heavier millstone around its neck. You can argue all you want about how in certain situations LabVIEW can save money by reducing development time and increasing productivity. The thing is IME people don't think in those terms. However irrational it is, in my experience it seems that people would rather spend man-hours than dollars, as the man-hours are already paid for and more or less "free" from the manager's point of view.
LabVIEW will hang on in certain niches and legacy systems but the dream of "LabVIEW everywhere" to me seems dead.