Visiongain’s report on the Military and Defence Semiconductor Market projects a steady growth rate of 8.7% during the forecast period 2024-2034. The market is driven by the increasing adoption of IoT and edge computing technologies in the military and defence sector, leading to a demand for energy-efficient and high-performance semiconductor solutions. The COVID-19 pandemic has had a significant negative impact on the market, with disruptions in supply chains and delays in production. However, the market is expected to recover as governments continue to invest in modernizing their defence systems.