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.
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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 (December 29, 2025) - With over $34 billion in new investment, nearly 28,000 projected new jobs, and major wins across semiconductors, aerospace, AI, broadband, and more, 2025 delivered a year of record-breaking growth for Arizona. Now, as economic momentum surges statewide and new technologies unlock unprecedented possibilities, Arizona is forging ahead. During calendar year 2025, the Arizona Commerce Authority and economic partners successfully won 90 competitive projects from companies that committed to creating 27,749 projected new jobs and investing over $34 billion in the state. Throughout the year, Arizona saw significant growth across advanced industries representing sectors including semiconductor, technology and AI, manufacturing, battery, aerospace and defense, bioscience, headquarters, and more happening statewide.
READ MORE about Forging Ahead: 2025 Year In Review »CASA GRANDE, AZ (December 22, 2025) — KPPC Advanced Chemicals Inc., a member of the Kanto Group, broke ground on December 19 on its new U.S. Arizona Plant (UAP), a next-generation ultrapure chemical manufacturing campus located at the Sonoran Valley Industrial Park in Casa Grande, Arizona. The $120 million investment marks a major step forward in strengthening the United States semiconductor supply chain and expanding domestic production of ultra high-purity chemicals required for leading-edge chip manufacturing. Phase 1 of the project will create approximately 80 highly skilled jobs, growing to 200 full-time positions at full build-out.
READ MORE about KPPC Advanced Chemicals Breaks Ground On U.S. Ultrapure Chemical Manufacturing Campus In Casa Grande »