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A more compact than Lite, with an smaller screen, an NON-TV compatible Switch... could make Switch be more cheaper and make it sold 15 more millions with no problems, with a cheaper competitive price. Something like a standard Smartphone with physical controls. Nintendo did something like that with GB(A) Micro (failed, maybe too small), Wii Mini or 2DS already. Something similar to what Sony did with PS2 slim, which sold lots OF MILLIONS as a cheap DVD player in late 2000s.

But again, as it was said by many, Nintendo maybe will need all the production they can get for the Switch 2, so... Switch life depends very much on the Switch 2 initial success. And Switch 2 is gonna sell HUGE numbers the first 2 months if it gets a nice price.