A scriptural perspective: According to Qur'an and hadith, it is good to share the message of Islam and invite others to it (what is known as da'wah). This should be done in a good way, with politeness and good forms of discussion and argumentation. 

However, nothing in Islamic texts that says that conversion for the sake of conversion is a goal. There is no real point to false conversion or forced conversion. The Qur'an and Islamic worldview acknowledge the existence of people of other faiths and that there is good and bad in other faiths. It is said that at the end of time when the Mahdi (the promised saviour/last imam) arrives, many people will convert to Islam because it will be clear that he has a true and good message. However, texts also indicate that some people will remain with their own religions and not convert to Islam. 

Many regions that today are majority Muslim took time to convert to Islam. This process happened gradually, over hundreds of years, and wasn't instant, even though the rulers of many of these regions identified as Muslim. Probably this is because while conversion is a social phenomenon, it is also a highly individual one, and individuals have different reasons for religious conversion. Sometimes there is a conflation between the expansion of the original Arab-Muslim Empires and conversion to Islam, but in reality just because the borders expanded did not mean that everyone in these territories suddenly became Muslim. 

A sociopolitical perspective: The Islamic world today does not have a single goal. While it would be ideal if Muslim-majority countries and Muslim leaders could unite (especially on the basics, such as economic cooperation), currently, this is not happening. Individual Muslim leaders and Muslim groups have their own goals. By and large, I think most Muslims today are more concerned about internal issues (politics, the threat of war) or questions regarding Islam and contemporary life, rather than expansion. Islam is already a large religion and isn't in danger of disappearing due to numbers. Also, most Muslim-majority countries have historically established religious minority communities. That being said, there are some Muslims who do work at spreading the message of Islam.

In any case, Islam is still spreading (particularly in the West and parts of Africa, but also - although there is less attention to it - in Muslim-majority countries and India). There is some interesting literature on the dynamics of the history of the spread of Islam if you wish to explore it.