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Informes de Expertos (IDE) latest report, titled “Mercado Latinoamericano de Depósito y Almacenamiento, Informe y Pronóstico 2021-2026”, finds that the warehousing and storage market in Latin America reached around USD XX billion in 2020. The increasing needs of companies for efficient warehouse and inventory management is driving the growth of the market in the region. With the rising demand for frozen foods, the demand for refrigerated warehousing and storage also increases, thus propelling the industry growth. Over the prognostic period, the market is expected to witness substantial growth owing to the technological advancements, use of information technology (IT) solutions and the adoption of mobile technologies to track warehouse operations.