Arizona’s technology sector is booming

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Arizona’s technology sector is booming, and our community has never been stronger than it is today. Technology companies such as GoDaddy, Benchmark, Carvana, Axon and Infusionsoft have Arizona as their headquarters, helping attract top-level talent across the world to our state. The startup community is growing rapidly because of a plethora of resources such as the co-working spaces CO+HOOTS and Galvanize, and an uptick in investment capital.

Through the work of leaders in this community, a pro-technology government, and emerging sectors such as artificial Intelligence, blockchain and cybersecurity, Arizona has established itself as one of the premier locations for innovation. Phoenix is well-positioned to meet our goal of becoming a leading technology hub, especially when considering the rising cost of living in the “traditional” U.S. technology cities.

Recently published reports corroborate the progress, including the Arizona Technology Council’s Industry Impact Report conducted by eImpact, Greater Phoenix Economic Council’s and CBRE’s The Phoenix Tech Story and CBRE’s Scoring Tech Talent in North America. Collectively, these reports show a growing technology workforce of 168,211 jobs, more than 8,000 technology companies operating in the state, a pattern of innovation and an engagement of diverse stakeholders. Arizona has proven itself to be a catalyst for the technology industry.

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