Electromagnetic waves consist of oscillating electric and magnetic fields that propagate through space as waves. They form a continuous spectrum ranging from radio waves to gamma rays. The key properties of electromagnetic waves are their wavelength, frequency, and speed in a vacuum. Shorter wavelengths have higher frequencies and energies. The electromagnetic spectrum is divided into regions including radio, microwaves, infrared, visible light, ultraviolet, X-rays, and gamma rays. Each region interacts with matter in different ways and has various applications.