With the advancement in the technology, wireless communication has generated its new innovative approach for the different applications in various fields. The interest for higher information rates and rise in the range of wireless devices put an expanding interest on data transmission. This required such type of communication system which has higher capacity and large throughput. The combination of orthogonal frequency division multiplexing with multiple inputs multiple outputs is a method which can satisfy this requirement. It is taken as a basic technique in various systems with high data rate, for example IEEE standards such as 802.16. Which results in large throughput and high efficiency of framework. Also there is no need of any expansion in bandwidth or transmission power. Due to this combinational approach, there may be great revolution in the field of communication. MIMO and OFDM can function as the physical layers of two key advancements for future versatile communication framework. These are LTE and WIMAX. For maximum utilization of available spectrum in the framework and to enhance the potential of framework Water filling algorithm combined with SVD approach has been employed. This chapter also undertakes to analyze the characteristic parameters affecting performance of upcoming Massive MIMO technology for 5G networks. In this chapter, fundamental thoughts and study on MIMO-OFDM frameworks have been presented.