S.No
                 Serial Communication
Parallel Communication
1
Data is transmitted bit after the bit in a single line
Data is transmitted simultaneously through group of lines(Bus)
2
Data congestion takes place
No, Data congestion
3
Low speed transmission
High speed transmission
4
Implementation of serial links is not an easy task.
Parallel data links are easily implemented in hardware
5.
In terms of transmission channel costs such as data bus cable length, data bus buffers, interface connectors, it is less expensive
It is more expensive
6
No , crosstalk problem
Crosstalk creates interference between the parallel lines.
7
No effect of inter symbol interference and noise
Parallel ports suffer extremely from inter-symbol interference (ISI) and noise, and therefore the data can be corrupted over long distances.
8

The bandwidth of serial wires is much higher.
The bandwidth of parallel wires is much lower.
9
Serial interface is more flexible to upgrade , without changing the hardware
Parallel data transfer mechanism  rely on hardware resources and hence not flexible  to upgrade.
10
Serial  communication work effectively even at  high frequencies.
Parallel buses are hard to run at high frequencies.

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