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Orthogonal frequency division multiplexing (OFDM) is a multicarrier modulation technique, which is used as a dominant waveform for the 4G communication systems. But OFDM cannot meet the demands in 5G. Universal filtered multicarrier (UFMC) has been paid more attention in the 5G communication system because of its low out of band emission (OOBE) and compatibility for multiple input multiple output (MIMO) communication. In this paper performance of UFMC is analyzed in terms of power spectral density (PSD), Bit error rate (BER) and peak to average power ratio (PAPR). Extensive comparison of UFMC and OFDM is included to illustrate the advantages of UFMC. PAPR performance of UFMC is evaluated for various design parameters including FFT size and side lobe attenuation.
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