The next big OS update could be called the "Windows 11 2022 Update." The next big Windows 11 release, currently named 22H2, contains references to this name. When you set up a new PC, the Get Started app will show the Windows 11 2022 Update.
It's possible that the naming is a way for Microsoft to simplify its confusing update names. Over the years, we have seen a variety of names, including the Creators Update naming for a big Windows 10 update, more mundane naming like the Windows 10 May 2021 Update, and more recently the Windows 10 21H2 moniker.
Microsoft had considered naming its updates after animals or people, but switched to the more safe monthly naming of its software updates. If Microsoft is planning less big drops of features, then a move to just the yearly naming for Windows 11 updates is a good idea.
Microsoft scrapped plans for an annual update for Windows 11 in 2023, according to a recent report. More experiments and prototype features have been added to the Windows Insider program. Microsoft may move back to a three-year release cycle for Windows with a new major version due in 2024.
I would prefer to see Microsoft move to a newer version of its operating system. It is easier to know if your computer is up to date or if you have to wait for Microsoft to approve the newest bits.
Microsoft will release a big Windows 11 update on September 20th, a week after Patch Tuesday fixes. New features in Windows 11 22H2 include app folders in the Start menu, drag and drop on the taskbar, and touch gestures and animations.