Archer's ability to bowl at up to 90 mph could see him force his way into England's final 15 for the tournament just weeks into his international career. And that could well mean one of the established seamers could miss out.
Archer has been rested from England's last two ODIs, which they've won in a five-match home series with Pakistan.
Woakes returned with four wickets for 67 runs during England's a six-wicket win in third ODI against Pakistan in Bristol.
"Safe is probably not the word," Woakes said. "But you always feel like you need to put in performances, and I'm pleased I managed to do so.
"You hope you are safe, but I suppose until that squad's selected you're not. Hopefully, I am, but we will see."
The 30-year-old, however, said Archer's emergence could only strengthen England.
"The batters have obviously set the benchmark (for competition) over the last few years," said Woakes, who represents Warwickshire in County cricket.
"There's always been competition for places there, more so maybe than the bowling.
"I suppose this (Archer's arrival) has done the same for the bowlers, so I think it's been a good thing. Someone, unfortunately, will miss out."
According to Woakes, notions about what constituted economical bowling had changed considerably.
"It is hard work, there's no doubt about that. Going for 30 runs in your 10, unless you get a surface where 250 is going to be a good score, those days are gone so your expectations need to change as a bowler.
"I think you have to try to be aggressive as a bowler or at least have a bit of an aggressive mindset to take wickets. When you get into that defensive mindset and you are just thinking purely about damage limitation that's probably when you are at your most vulnerable."