This work provides a general review of Adaptive Modulation and Coding (AMC) techniques that optimize the utilization of available resources and parameters in wireless communication systems. AMC or link adaptation empowers communication systems to employ appropriate modulation and coding schemes in order to enhance link spectrum utilization over time-varying channels. In addition, the proper selection of Modulation and Coding Schemes (MCS) diminishes the Bit Error Rate (BER) of systems and reduces the required transmit power through which the interference to other users is minimized. This paper conducts a state-of-the-art review of the existing AMC technologies. The reviews provided in this paper shed light on the trends of research in AMC and bring focus to related techniques. First, the existing constraints and the related phenomena in advanced wireless communication, including channel capacity, path loss, fading, and interference, are thoroughly investigated to understand further and improve the AMC systems. Moreover, several scenarios of utilizing the AMC methods are provided in order to demonstrate the extent of the effectiveness and importance of accurate AMC. Lastly, the challenges, the likely problems, the research gaps, and the potential avenues for future work are declared.
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