I can't see another company spending so much money and time to build for years a new console ecosystem to compete with Sony.
Valve consoles are the closest we'll get, but I think that won't be direct competition either, but it's literally the only other company that could push something like it.
Any company having to start now, like Epic did to try to compete with Steam years ago is in such a disavantageous position that it hardly makes sense.
Microsoft themselves only did it for so many years to try to prevent Sony to spread into the PC space where their real money came from, and that was whe Sony was only in its second system.
Nowdays with the library people already built within Playstation anyone new trying to compete will be having a monumentous task, with loads of money bleeding for many years, to even try to do it.
So no, I don't expect it to happen.
It's easier for Sony to also drop it than for virtually anyone else to join and be able to compete.








