Finding companies that can grow for decades is a path to market-crushing returns. But that's not always easy. 

As I look at the growth stock landscape, there are two companies that stand out as unstoppable leaders in their industries: spatial data company Matterport (MTTR 0.25%), and freelance leader Fiverr International (FVRR -5.10%). Let's find out a bit more about these two growth stocks and how they might do over the next decade.

Growing stacks of blocks on a table.

Image source: Getty Images.

1. Matterport: Real estate data is just getting started

Matterport generates spatial data about real spaces like homes and commercial buildings, and those images are starting to make their way into broker listings and rental sites. But that's just the start of the use cases for the company's data

Once data about a space has been captured, it can be used in a variety of ways. Developers can build tools that will read data that has been captured, like counting the fire sprinklers in a building or the ovens owned by a restaurant company. Users can also build on top of the spatial data; for example, a furniture company can place new furniture in a home virtually to show clients. 

For Matterport, the beauty of this business is that its responsibility is to build the capture tools and databases while allowing third-party developers to use SDKs and APIs to unlock the true value of the platform. Matterport will simply charge an ongoing fee for the spatial software and data, building recurring revenue sources as these products are developed. 

I think we're just starting to see the value of real estate tools in the market today -- in the future, multiple industries will be made more efficient by Matterport. Imagine a world where a plumber could bid on a project without setting foot in your home, or a designer could plan a renovation from half a world away. These type of advances could be reality with Matterport's technology.

Despite all of this potential, Matterport's stock isn't cheap. The company has a market cap of $4.8 billion and a revenue runrate of just $118 million. It will have to demonstrate sustained growth for many years and push the adoption of its platform by third party developers, which isn't easy. But I see this as a transformative technology in real estate with a myriad of potential applications, which is why I think it's a great growth stock, even at a high valuation. 

2. Fiverr: Freelance work is here to stay

We've learned over the past 18 months or so that remote work is here to stay. I think that will open up a world of freelance workers, and businesses built around freelancers that will change the business world. Think about how simple it is today to create a logo for a business or a promotional video or packaging just by finding a freelancer you like on Fiverr. 

The network Fiverr is building will be critical to enabling businesses and freelancers to build out their businesses. It has a powerful network effect, with businesses and freelancers playing equally important roles in attracting each other. 

Growth has slowed recently as the world starts going back to the office and companies adjust to a new way of operating, but I'm not worried about short-term operating pressure as much as I am with Fiverr building out its network and technology to enable future growth. You can see that it has grown tremendously over the last few years, and gross profit remains extremely high. 

FVRR Revenue (TTM) Chart

FVRR Revenue (TTM) data by YCharts

Fiverr isn't a cheap stock, with a $6.5 billion valuation and just $252 million in revenue over the past year, but as the freelance business grows and businesses are built around remote, freelance work, this will be a huge beneficiary and could grow rapidly for the next decade. Investors should expect volatility, which we've seen with shares currently trading 48% lower than their all-time high. But as growth piles up the stock will look cheaper and that's why I'm not worried about paying top dollar for a great growth stock. 

Major trends to follow

With Matterport and Fiverr, investors are getting market leaders in real estate digitization and freelance/remote work. I think both of these trends will grow extremely quickly over the next decade and don't see anything stopping these two stocks long-term.