Hello,
I was just trying to think of the future and thought as population increases so should the need for the new extensions.
No, it is a fallacy.
Even in developed countries the vast majority of people are not interested in buying their own domain names, even for regfee. They even use free E-mail services such as gmail etc. Domain names are usually bought for
business, but the ordinary Internet users don't need their own domain names, and they don't want one.
So yes, the demand should continue to grow, but not in proportion to population size.
Do you think in 30 years we will still all be after .coms?
Actually, while .com is growing, its relative market share has declined vs ccTLDs. This is where the future is.
We all know there is shortage of good domains, but people are creative. They are not desperate to the point of using any TLD, especially when their competitors are using established extensions.
BTW I mentioned ccTLDs because they are very strong in some parts of the world, Europe in particular. They are often preferred to .com for local use, so if .com is a second choice there, you can imagine there is even less interest in new extensions in those markets.
You know what they say: it's already hard enough to sell good .com domains