Looking at overall birth rates might make it seem that way. But logically, in order to hit peak child, every subgroup will also have to hit peak child. Will every single country hit peak child? Will every religious group hit peak child? All it takes is one of those groups to keep expanding, and the world will not hit peak child. There are so many subgroups with drastically different birth rates and retention rates, I don't believe we will hit peak child. There will just be a transition period as the world starts to contain fewer Italians and more Mormons.
For an interesting take on a single subgroup's demographics, the Amish, check out this article: https://medium.com/migration-issues/how-long-until-were-all-...