The value of Live is in the workflow which is very different from Logic or any other classic DAWs. It's much more creative and streamlined. The Suite version includes Max which opens up the creative possibilities way beyond anything Logic can do.
Of course this is only attractive to a smaller part of the DAW market. People working in recording, mixing and mastering will not find any value in those things.
Also people working in media composing have tended to prefer Cubase or Logic because the arrangement view in Live was pretty bad up to version 10.