Bit wrong to say they are years away and ignore most of the projects Xbox studios are working on. So, here it goes.
Projects that will definitely release in 2021-22
- Halo Infinite and Starfield started development in 2015.
- Arkane Austin's Project(maybe Prey 2) and Wolfenstein III started development in 2017, same as Deathloop(Arkane Lyon) and Ghostwire Tokyo(Tango Gameworks). Ignoring Halo Infinite and Starfield, Arkane Austin's project has been in development for the longest period since Prey(2017).
- Forza Motorsport
- Grounded
- Everwild started in 2017
Fable also started in 2017, but it will probably take around 6 years, as Playground Games are growing to 400+ staffs like 343i, Bethesda and Zenimax Online Studios.
Projects that may release in 2021-22
- Hellblade II and Avowed started development in 2018. Although Hellblade II seems more likely for a 2022 release.
- Next Forza Horizon
Zenimax Online Studios project(possibly new MMORPG) started in 2018, but it will take 6-7 years. Perfect Dark started in 2018, but its probably 2023-24 due to smaller team.
Rest. Too early to guess anything
- Unless they were already working on it alongside Gears 5, Coalition next project started in 2019
- InXile and Roundhouse Studios started working on there project in 2019 and Compulsion Games on early 2020. These teams are small and they will take more time for their games.
- id Software next project started in late 2020, unless they were working on it alongside Doom Eternal.
- Indiana Jones
- Elder Scrolls VI
- Project Mara
- Tango Gameworks next project(unless they were already working on multiple projects)
- Double Fine project after Psychonauts 2