The correct answer to this question is Yes. Jumanji: The Next Level is considered Jumanji 4, for it is the fourth installment in the Jumanji series. It was released on December 13th, 2019. The movie has an all-star cast. It features Dwayne " The Rock" Johnson.
It also features comedians Jack Black and Kevin Hart. The film also features all start newcomers like Danny Devito and Danny Glover. The film follows the story of Spencer, who came across an old game and got stuck in it. When his friends notice he is missing, they go frantic and go into the game to help find him.
What happens at the box office will probably make this decision. Much of the movie-going audience did not even expect a sequel, let alone a third film. Most fans consider Jumanji: Welcome to the Jungle to be a direct sequel to the first one because it pays tribute to the late Robin Williams; however, there are only slight similarities to the first film.
Some people think 2005’s Zathura: A Space Adventure is part of the Jumanji franchise. It was set in the Jumanji world, and it is based upon the sequel to the Jumanji novel, written by Chris Van Allsburg.
It is too soon to determine if the cast will be interested in returning to the big screen for a fourth episode of the Jumanji franchise. It pretty much depends on how well Jumanji: The Next Level does at the box office.