1 Different Types of Points-of-Interest (POI) Data Solutions
The Points-of-Interest (POI) data solutions market can be segmented into two types. The first is the Database Platform, which is a collection of data on geographic locations with attributes like name, address, and reviews. It’s essential for businesses using location intelligence and can be self-managed or sourced from third-party providers. The second type is Modular Customized Reports, which offer industry-specific POI data reports, often in CSV format for broad compatibility with various programs. These reports can be created and transferred using POI Loader to compatible devices.
Table Different Types of Points-of-Interest (POI) Data Solutions
Types | Description |
Database Platform | A POI database is a collection of data describing geographic locations of interest. The database can contain various attributes for each location, such as name, address, category, phone number, website, opening hours, reviews, and distance. Any business that wants to use location intelligence to gain insights and advantages must have a POI database. Businesses can build and maintain their own databases or purchase or license data from third-party providers, including one-time transactions and subscription services. POI data providers provide customers with high-quality and timely updated data through database platforms. |
Modular Customized Reports | Modular customized reports are service providers that provide reports containing POI data that are customized for specific industries. A way to provide data is in the form of CSV files. A Comma Separated Values (CSV) file is a plain text file that stores data by delimiting data entries with commas. CSV files are often used when data needs to be compatible with many different programs. CSVs can be opened in text editors, spreadsheet programs like Excel, or other specialized applications. Custom POI (points of interest) files can be created on a computer and transferred to compatible devices using Points of Interest (POI) Loader. |
2 Global Points-of-Interest (POI) Data Solutions Market Share by Types in 2023
Database Platform holds a significant majority of the market share at 75.26%. This indicates that the Database Platform is the dominant type of POI data solution, with a substantial lead over Modular Customized Reports. The Database Platform’s large market share suggests that businesses prioritize having access to comprehensive databases that contain detailed information about geographic locations of interest.
Modular Customized Reports segment accounts for 24.74% of the market share. Despite being the smaller segment, Modular Customized Reports still represent a significant portion of the market. This suggests that there is a notable demand for customized POI data reports that are tailored to specific industry needs. These reports are likely valued for their ability to provide focused and relevant information in a format that is easy to integrate with various programs and systems.
Figure Global Points-of-Interest (POI) Data Solutions Market Share by Types in 2023
3 Global Points-of-Interest (POI) Data Solutions Revenue by Type (2019-2024)
The growth analysis of the Global Points-of-Interest (POI) Data Solutions market from 2019 to 2024 reveals a robust expansion in both the Database Platform and Modular Customized Reports segments. The Database Platform, which started at 516.35 M USD in 2019, has shown a consistent upward trajectory, reaching 886.49 M USD in 2024. This segment has a higher revenue base and growth rate, indicating a strong market preference for comprehensive database solutions that offer extensive data storage and real-time updates.
In contrast, the Modular Customized Reports segment, beginning at 157.38 M USD in 2019, has also demonstrated steady growth, with a more modest increase expected to reach 299.81 M USD by 2024. Despite its smaller scale, this segment is valued for its flexibility and customizability, catering to specific industry needs.
Overall, while the Database Platform dominates the market in terms of revenue and growth, the Modular Customized Reports segment is anticipated to experience a higher compound annual growth rate (CAGR) over the forecast period. This suggests a market trend towards more tailored and specialized POI data solutions alongside the continued importance of robust database platforms.
Table Global Points-of-Interest (POI) Data Solutions Revenue (M USD) by Type (2019-2024)
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Database Platform | 516.35 | 553.47 | 637.27 | 709.65 | 790.38 | 886.49 |
Modular Customized Reports | 157.38 | 172.90 | 201.99 | 230.46 | 259.87 | 299.81 |
Total | 673.73 | 726.37 | 839.26 | 940.11 | 1050.25 | 1186.30 |
4 Global Points-of-Interest (POI) Data Solutions Revenue and Growth Rate by Type (2019-2024)
The growth rate for the Database Platform in the Global Points-of-Interest (POI) Data Solutions market for the year 2024 is projected to be 12.16%. This is a slight increase compared to the previous year’s growth rate of 11.38% in 2023. Over the years, the growth rate has fluctuated, with the highest growth rate of 15.14% occurring in 2021. The projected growth rate for 2024 indicates a positive trend and suggests that the market is expected to continue its upward trajectory, albeit at a moderate pace compared to the peak growth rate in 2021.
Figure Global Points-of-Interest (POI) Data Solutions Revenue (M USD) and Growth Rate of Database Platform (2019-2024)
The growth rate of 15.37% for Modular Customized Reports in 2024 is quite significant and suggests a robust expansion within the Global Points-of-Interest (POI) Data Solutions market. In 2019, Modular Customized Reports generated revenue of 157.38 M USD, revenue increased to 172.90 M USD in 2020, with a growth rate of 9.86%. For 2023, the revenue was around 259.87 M USD, with a growth rate of 12.76%, maintaining the same pace as the previous year.
Overall, the Modular Customized Reports segment has shown a steady increase in revenue with a notable peak in growth rate in 2021. The projected growth for 2024 indicates a positive outlook, with the market potentially gaining momentum as it continues to offer tailored POI data solutions.
Figure Global Points-of-Interest (POI) Data Solutions Revenue (M USD) and Growth Rate of Modular Customized Reports (2019-2024)
5 Global Points-of-Interest (POI) Data Solutions Revenue Forecast by Type (2024-2029)
Database platform starting at a revenue of 886.49 M USD in 2024, this segment is projected to experience a steady increase each year. The revenue is expected to reach 1523.98 M USD by 2029. This indicates a strong and consistent growth trajectory for the Database Platform, reflecting its importance in the POI data solutions market.
The modular customized reports segment begins with a revenue of 299.81 M USD in 2024 and is also expected to grow annually. The forecasted revenues are 346.85 M USD for 2025, 392.34 M USD for 2026, 448.72 M USD for 2027, 508.15 M USD for 2028, and 574.58 M USD in 2029. The growth, while substantial, is at a slower pace compared to the Database Platform, suggesting a growing but niche market for customized POI data reports.
The combined revenue for both segments is projected to rise from 1186.30 M USD in 2024 to 2098.56 M USD by 2029. This overall growth signifies the expanding demand and utility of POI data solutions across various industries. In summary, the forecast highlights a robust growth outlook for the POI data solutions market, with the Database Platform leading the charge, followed by the Modular Customized Reports segment, which also shows promising growth potential. The total market is expected to more than double in size over the six-year period, underscoring the increasing value and application of POI data in the global economy.
Table Global Points-of-Interest (POI) Data Solutions Revenue (M USD) Forecast by Type (2024-2029)
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Database Platform | 886.49 | 997.23 | 1117.54 | 1236.22 | 1379.91 | 1523.98 |
Modular Customized Reports | 299.81 | 346.85 | 392.34 | 448.72 | 508.15 | 574.58 |
Total | 1186.30 | 1344.08 | 1509.88 | 1684.93 | 1888.06 | 2098.56 |
The Database Platform is anticipated to hold a substantial majority of the market share throughout the period, starting at 74.73% in 2024 and experiencing a gradual decline to 72.62% by 2029. Despite this slight decrease, the Database Platform remains the dominant segment in the market. Conversely, Modular Customized Reports are expected to begin with a 25.27% share of the market in 2024 and see a steady increase, reaching 27.38% by 2029. This indicates a growing demand and market share for customized POI data solutions tailored to specific industry needs.
This indicates that while the Database Platform will continue to dominate, the Modular Customized Reports segment is expected to grow its share of the market over the forecast period.
Table Global Points-of-Interest (POI) Data Solutions Revenue Share Forecast by Type (2024-2029)
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
Database Platform | 74.73% | 74.19% | 74.02% | 73.37% | 73.09% | 72.62% |
Modular Customized Reports | 25.27% | 25.81% | 25.98% | 26.63% | 26.91% | 27.38% |
Total | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
