Abstract-Orthogonalfrequency-division multiplexing (OFDM) is one of unbeatable multiplexing technique till date. However with increasing version of next generation mobile standards like 5G, the applicability of OFDM is quite questionable. The prime reason behind this is in order to offer higher data rates and extensive networking services in 5G, OFDM will be required to overcome some inherent problems of spectral leakage, power consumption, less supportability of increased channel capacity. The reason community still believes that there is positive scope of OFDM to be applicable in 5G network provided it undergoes certain changes. This paper reviews some of the complimentary waveforms that have been theoretically proven to be adding edge to OFDM system. The paper reviews different waveforms as well as multiple access techniques to be used in designing 5G technology and assess their effectiveness in viewpoint of research applicability and effectiveness towards leveraging 5G.
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