As of now, the 5G attempts to address the current OFDM-based LTE issues, for example, Bit Error Rate (BER), Spectral Loss, Signal to Noise Ratio (SNR), Symbol Error Rate (SER) and high peak-to-average power ratio (PAPR). Universal-filtered multi-carrier (UFMC) method can be measured as an up-and-comer waveform for 5G correspondences since it gives advantages by minimizing the Inter Symbol Interference (ISI) and Inter Carrier Interference (ICI) reasonable for low-idleness situations. There are various filters for designing an UFMC which suits for a 5G application. This survey is carried out because of the Industrial 4.0 revolutionary is going on at a higher phase for which Machine to Machine (M2M) communication is widely required for suitability and reliability leading to the 5G requirement for high speed data transfer with appropriate filter design.