We build large apps at my company without this and it reduces our dependency management overhead.

Most software doesn't require large teams, ones with large enough structure to utilize cross-functional teams are siloed enough that it also still doesn't matter and the most standardization that's effectively useful is the company's specific UI library for their corporate branding.

At that point you're really using the company's library, and less of the underlying framework anyway. Uber, AAA, American Express, etc. All of them do basically this.