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
NEW YORK & PHOENIX (December 11, 2025) — Coinciding with the 2026 Under 30 List Launch event in New York, Forbes announced that Phoenix, Arizona will become the official host city for the Forbes Under 30 Summit beginning in 2026, marking the start of a new multi-year chapter for the global gathering of young leaders, founders and innovators. The move signals an expanded vision for the Summit rooted in growth, ambition and impact, and reflects Forbes’ commitment to elevating the next generation of entrepreneurs while supporting the long-term momentum of a city rapidly becoming an engine for innovation in the United States. The 2026 Summit will take place April 19-22 in locations throughout Phoenix and will be in partnership with the Arizona Commerce Authority.
READ MORE about Forbes Under 30 Summit Names Phoenix, Arizona As Host City For 2026–2028 »PHOENIX, AZ (December 10, 2025) — Arizona continues to experience robust population growth, fueling gains in both the labor force and the broader economy. According to newly released estimates from the Arizona Office of Economic Opportunity, Arizona added 97,044 residents between July 1, 2024, and July 1, 2025, representing a growth rate of 1.2%. Arizona’s continued growth underscores its appeal as a destination for talent, opportunity, and innovation. Between 2023 and 2024, Maricopa County ranked no. 1 in the U.S. for net migration (U.S. Census). Since 2011, Arizona has added nearly 1.3 million people, a growth rate of 20%. Between 2024 and 2025, Arizona added on average 266 people per day.
READ MORE about BREAKING: Arizona Adds 97,044 Residents Over the Past Year »