Yes, many people predict he will have more playing hours and succeed with Anceloti. He is also only 32 years old, if you look at the history with Madrid he is a good player, but since there was a problem with Zidane he rarely gets game time. When he was on loan at Tottenham he played well, he scored 16 goals for one year. Although the minutes of play are few.
He only was given more chances in the second half of Premier League 2020-2021 and after the sack of Mourinho. He scored many goals with limited appearances in the last seasons.
The problems of Bale are not his capability but his fear of injury. I read several articles that Bale has plans to play his last season in Real Madrid and retire after that. He might spend a few months as unemployed player but can join the World Cup with Wales, his national team
Even though Bale's contract at Real Madrid only has 1 year left but if he can show good form (and become Carlo Ancelotti's first choice) then he will most likely be offered a contract renewal by Real Madrid (at least for 1 or 2 years).
Bale will lose his 11 number to Ansensio and I think it is a signal that Real Madrid don't need Bale for more than the last season of the current contract.
I wish that Bale will return to Tottenham again and end his career there. Is it in the plan of Bale?