Business & Financial Services
MOVING AT THE SPEED OF BUSINESS
Composed of four categories including business and support services, finance, insurance and data centers, Arizona's business and financial services sector is among the top in the nation. The state’s stable climate, reliable energy and pro-innovation policies allow industry to thrive and pave the way for future technologies.
AND MANY MORE
INDUSTRY HIGHLIGHTS
Data Center Market:
Metro Phoenix
JLL North American Data Center Report, 2024
State for Highest Financial Industry Concentration
Lightcast, 2024
State for Inventory Growth in the Primary Data Center Market Since 2020
CBRE, 2024
INSIDE THE SANDBOX
Arizona was the first state in the nation to launch FinTech and PropTech Sandboxes. These influential platforms cut red tape and enable industry disruptors to drive innovation and collaborate.
TOP BUSINESS & FINANCE TALENT
Arizona’s business & financial services talent pool is growing. With top-ranked universities and resources designed for success, the state’s workforce is equipped to excel now and in the future.
Business & Financial Services News
PHOENIX, AZ (April 23, 2026) – It’s been an action-packed April for Arizona, marked by the inaugural Arizona Tech Week and, soon after, the state’s first time hosting the Forbes Under 30 Summit in Phoenix. Together, these milestones highlight Arizona’s accelerating momentum and underscore the strength of its growing tech ecosystem. The first-ever Arizona Tech Week, which was powered by the Arizona Commerce Authority, made a record-setting debut, drawing more than 18,000 attendees to 419 events across the state and becoming the largest inaugural tech week ever held in the United States and internationally. 29 communities across Arizona hosted events during the weeklong celebration, highlighting the strength and diversity of Arizona’s innovation economy.
READ MORE about By The Numbers: Arizona Celebrates Largest-Ever Inaugural Tech Week »TEMPE, AZ (April 21, 2026) — Syenta, an Australian semiconductor technology company, today announced the opening of its first U.S. facility in Tempe, Arizona, bringing advanced packaging technology, high-skilled jobs, and global innovation to the state. The expansion was made possible with support from the Arizona Commerce Authority (ACA), Greater Phoenix Economic Council (GPEC), City of Tempe, and Arizona State University (ASU). Located at ASU Research Park, the new 3,500-square-foot facility will support 200 new highly-skilled roles in semiconductor engineering, systems architecture, and advanced manufacturing, positioning Tempe as a hub for next-generation advanced packaging technologies.
READ MORE about Syenta Announces Facility In Tempe, Bringing Its Advanced Semiconductor Packaging Technology To The U.S. »