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
TEMPE, AZ (November 6, 2025) – RoviSys, a leading provider of automation and information solutions, yesterday celebrated the opening of its new over 9,000-square-foot office located in Tempe, Arizona. The Arizona office represents a key expansion of North American operations for RoviSys and will support up to 100 new jobs over the next several years. RoviSys & RoviSys Building Technologies provide automation and information solutions to support a variety of industries including biotechnology, life sciences, data centers, semiconductors, energy, and more. The Tempe office enhances the company’s ability to deliver specialized solutions to these expanding markets with an immediate focus on data center sector opportunities and a long-term strategy for growth in life sciences and semiconductor manufacturing.
READ MORE about RoviSys Celebrates Opening Of New Office In Tempe »PHOENIX, AZ (October 31, 2025) — Manufacturing Month 2025 marked a milestone moment for Arizona, showcasing the state’s rapid rise as a national leader in advanced manufacturing. From record-breaking events and major investments to new partnerships and workforce expansions, Arizona’s manufacturing ecosystem was on full display. Arizona continues to outpace the nation in manufacturing growth with a 10% increase in manufacturing employment from 2019 to 2024 — more than 10x the national average. In October, Arizona hosted SEMICON West for the first time, drawing thousands of global tech leaders and setting new attendance records — a 60% increase in registrations and nearly 50% more exhibitors. The event reinforced Arizona’s position as North America’s Semiconductor Headquarters.
READ MORE about Manufacturing Momentum: Arizona’s Historic October »