OFDM is a digital modulation technique that divides the available bandwidth into multiple non-overlapping frequency sub-bands or carriers, with each sub-band being modulated with a low data rate. It provides benefits like high spectral efficiency, resilience to radio interference and multipath distortion. Some types of OFDM include COFDM, MIMO-OFDM, V-OFDM, W-OFDM and Flash-OFDM. It has advantages over other multiplexing techniques like WDM and TDM and is used in technologies like WiFi, DSL, digital TV and audio broadcasting.