Orem sits at the heart of Silicon Slopes South, adjacent to Provo and directly connected to the Lehi tech corridor via I-15. Utah Valley University — with over 40,000 students — is one of the largest universities in the state and drives demand for restaurants, retail, and services. Domo, Bluehost, and dozens of SaaS companies operate in the Orem-Provo corridor.
Healthcare is a significant employer — Orem Community Hospital (Intermountain Healthcare) and numerous medical offices serve Utah Valley. The city's position in the tech corridor attracts staffing agencies, IT services, and professional consulting firms that serve Silicon Slopes clients. Nu Skin Enterprises and USANA Health Sciences are major employers.
Orem's commercial real estate market benefits from Silicon Slopes proximity and UVU's presence. Office space along University Parkway, retail near University Mall, and medical offices create active CRE segments. More affordable than Lehi or Draper, Orem offers businesses tech corridor access at lower overhead.