With the increasing prevalence of internet services in our daily lives, there is a growing demand for spectrum, resulting in a shortage of available frequencies. This is primarily due to the recent surge in subscribers seeking faster and more dependable data rates. Researchers globally have suggested various solutions to combat the spectrum shortage, such as technology, modulation schemes, beamforming, intelligent reflective surfaces, and channel coding schemes. With respect to channel coding, multiple codes have been proposed to overcome challenging and uncertain channel conditions. The paper introduces a DWT-incorporated LDPC STBC system as a solution to meet the rigorous demands of 5G deployment and use cases. A comparative analysis of the proposed codes is conducted to assess their suitability for next-generation communication networks, considering SNR and BER. Results indicate that the suggested code performs optimally, achieving a BER of 10-4 at 7dB SNR for Rayleigh Faded wireless channel. Therefore, the suggested code is deemed the most suitable option for the deployment of 5G and beyond systems.