Vedic Multiplier is a key tool in rapidly growing technology especially in the immense domain of Image processing, Digital Signal Processing, real-time signal. Multipliers are important block in digital systems and play a critical role in digital designs. Along with accuracy demand for minimizing time area, power, and delay of the processor by enhancing speed is the focus point. Vedic mathematics rules and Algorithms generate partial products concurrently and save time. This paper is a review of the application and modification of Vedic multiplier in different fields and a comparison of Vedic multiplier with other multipliers for enhancing performance parameters.