The value of domestic sales and exports of telecommunications equipment and devices is expected to grow by an average 3.3 percent annually over the next five years, the Communication Industry Association of Japan said in a recently released report.

The market value will reach 5.92 trillion yen in fiscal 2006, up 1.3 trillion yen from the estimated value for fiscal 2001, it said.

The association groups leading Japanese makers of telecommunications devices such as Fujitsu Ltd. and NEC Corp.