Multi-service system is an enabler to flexibly support diverse communication requirements for the next generation wireless communications. In such a system, multiple types of services co-exist in one baseband system with each service having its optimal frame structure and low out of band emission (OoBE) waveforms operating on the service frequency band to reduce the inter-service-band-interference (ISvcBI). In this article, a framework for multi-service system is established and the challenges and possible solutions are studied. The multi-service system implementation in both time and frequency domain is discussed. Two representative subband filtered multicarrier (SFMC) waveforms: filtered orthogonal frequency division multiplexing (F-OFDM) and universal filtered multi-carrier (UFMC) are considered in this article. Specifically, the design methodology, criteria, orthogonality conditions and prospective application scenarios in the context of 5G are discussed. We consider both single-rate (SR) and multi-rate (MR) signal processing methods. Compared with the SR system, the MR system has significantly reduced computational complexity at the expense of performance loss due to inter-subband-interference (ISubBI) in MR systems. The ISvcBI and ISubBI in MR systems are investigated with proposed low-complexity interference cancelation algorithms to enable the multi-service operation in low interference level conditions.
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