My guess is full fledged remake ala FF7 Remake. 

They already have an engine seemingly for it (see Wii U Zelda demo) anyway. 

I think they want to tie in to the Zelda movie next year and this will sell through that movie release window but to bring that game to a new generation of consumers a 3DS port probably doesn't cut it lol. 

We'll see though, who knows. 

Ocarina Remake would be day 1, assuming it isn't a remaster. I already can play it upscaled, with overhauled controls and texture packs.

Looking back at that Wii U Zelda tech demo ... I kind of doubt this was ever running off actual Wii U hardware. It looks better than BOTW/TOTK (aesthetic debates put aside). 

But Switch 2 could really make an engine like this cook and enhance it significantly. A OoT Remake that looks like this but better would be outstanding. 

They could really enhance the story too ... OoT actually has a pretty cool story, but the derpy N64-era visuals really could not convey it that well and lacked punch.

All of this along with the evergreen effect of Pokopia leading the charge could make this a solid year for Switch 2 even without the new Mario. Let's just hope for no price increases.

It depends on how big of a scope that Zelda remake is. If we're talking like FF7 Remake type of deal and care put into it, or even if it's running on that Wii U demo engine (enhanced) ... that would be a big, big deal. 

Duskbloods could be a big deal too. 

The seeming lack of a big holiday title is a shame. There's potential with a Ocarina of Time remake but I don't see that doing BOTW/TOTK numbers. It looks like it'll be a worse year software wise than I was expecting but more balanced than 2018 and overall better than it unless someone is a Smash super fan.

If done properly, an Ocarina Remake and a new Starfox could be amazing, very excited if those turn out to be true. Just please no stupid gimmicks in the latter, just for once make a normal Starfox game.

Nate the Hate is pretty reliable, so here's hoping.

All in all a pretty good second year for Switch 2 if this all pans out; way better than Switch 1's 2018 which was quite weak.

Yeah I'm not expecting Mario this year.

Would a Ocarina of Time be like a smaller Breath of the Wild experience? I imagine they will use the same engine that now can run properly with the NS2.

Also, does he knows anything about the price increasing or not?

I think Zelda will be a big deal, not just a flat remake. They already did that on 3DS with OoT 3D.

They've been sitting on that Wii U tech demo engine which would be perfect for Zelda: OoT Remake since 2011, I don't think the Wii U or Switch 1 would have been able to run that in real time with a ton of enemies on screen and controllable camera without it being scaled down. Switch 2 is the hardware they've been waiting for.

They're going to want to introduce the game and mythos to younger gamers especially ahead of the Zelda movie in spring/summer 2027 and it will be an evergreen title that will get a big wave of sales for Christmas 2026 and then a second big bump with the movie. A lot of kids have never played OoT and this will showcase it to a new generation. Nintendo is planning to have synergy with all their movie releases. 

Also because they gave the Switch 1 Tears of the Kingdom it meant the Switch 2 was going to have to go without a new Zelda for some time, a big budget remake of Ocarina of Time (maybe even with some new story elements or game content) would be the next best thing to a new Zelda, so it's a good compromise. They will also then be able to reuse the same OoT Remake engine and double dip with a Majora's Mask Remake later too, same way Square-Enix is milking FF7 Remake's engine into 3 parts. 

I hope Switch Sports is more than just a Switch 2 version of the Switch 1 game ... even though Wii is not my favorite Nintendo console, 2006 was a time and a place man, the 20th anniversary probably deserves something. 2026 is also Zelda's 40th anniversary too, so a big ticket OoT remake would check all the boxes. 

Mario3D coming 2 years after DKB does not surprise me at all. Give DKB time to breath in the marketplace. They did the same on NS1:

Oddesey 2017
New Mario Bros U Deluxe: 2019
Mario3D & Bowsers Fury: 2021
Mario Wonder: 2023

For OoT, a BIG remake would be something new for Nintendo. Ususally a re-release does not stray to far from the source material. But if anything would be a first it would be Ocarina. Could spell the plot lines for the 2027 movie as well.

Some things I hope they improve on the original:
1) Use the right thumb stick for modern camera controls
2) Deepen combat with a parry system
3) General glow-up with a fresh fantasy art style
4) Make some of the area's bigger and richer in content (Hyrule field e.g.)
5) Voice acting in major cut scenes