What do you mean by catch up? If you mean Xbox will gain market share and potentially tie in NA then I might be willing to consider that. If you mean an X360 vs PS3 situation then probably not.
Edit: If you are talking about the latter situation, I feel like the Xbox Series doing 3DS Numbers, beating the PS5 in NA, and whittling Sony down to Wii/PS1 numbers for the PS5 globally (80/100 split), would be a massive success for Microsoft this generation.