Advantages:
Simple to design.
Disadvantages:
Noise spikes on transmission medium interfere with the carrier signal. Loss of connection is read as 0s.
Frequency Modulation Frequency Modulation modifies the frequency of the carrier to represent the 1s or 0s. In the above example, a 0 is represented by the original carrier frequency, and a 1 by a much higher frequency (the cycles are spaced closer together).
Advantages:
Immunity to noise on transmission medium. Always a signal present. Loss of signal easily detected
Disadvantages:
Requires 2 frequencies Detection circuit needs to recognize both frequencies when signal is lost.
Phase Modulation
Phase Modulation modifies the phase of the carrier to represent a 1 or 0.
The carrier phase is switched at every occurrence of a 1 bit, but remains unaffected for a 0 bit. The phase of the signal is measured relative to the phase of the preceding bit. The bits are timed to coincide with a specific number of carrier cycles (3 in this example = 1 bit).
Advantage:
Disadvantages:
Frequency Shift Keying (FSK) In this scheme digital information is transmitted through discrete frequency changes of a carrier wave. In binary FSK, the simplest FSK scheme a pair of discrete frequencies are used to transmit binary information. In this scheme 1 is called the mark frequency and 0 is called space frequency.
Phase-shift keying (PSK) It is a digital modulation scheme that conveys data by changing, or modulating, the phase of a reference signal (the carrier wave). PSK assigns a unique pattern of binary digits to a finite number of phases. Each pattern of bits forms the symbol that is represented by the particular phase.
Amplitude causing it to change the signal present in the amplitude modulated wave. But AM can travel larger distances then FM due to the fact that FM waves have a tendency to interfere with physical objects due to their lower wavelengths. If we consider Digital Techniques we find that FSK is better than ASK because it is not disrupted easily by interference and is easily generated with modern electronic equipment. But it is not right to define which technique is better just because of the fact that each of the techniques have use cases where other techniques are not ideal to be used. In general digital techniques are valid only when digital information has to be sent and analog techniques are valid when the signal is analog.