The principal distinction in transitioning from far-field multiple-input multiple-output (MIMO) systems to near-field MIMO configurations lies in the notable augmentation of spatial degrees of freedom (DoF). This increase is not static;rather, it dynamically fluctuates in response to user mobility. A critical challenge emerges in effectively leveraging this significantly enhanced and continuously evolving spatial DoF, particularly when constrained by a limited and energy-intensive array of radio frequency (RF) chains. This article presents an exhaustive review of the current methodologies for exploring spatial DoF in MIMO systems, with a particular emphasis on the near-field context. Central to this review is the exploration of beamspace modulation, a technique that ingeniously capitalizes on the increased and dynamic spatial DoFs inherent in near-field MIMO systems. This strategic exploitation is demonstrated to yield significant enhancements in both spectral efficiency and system reliability. Furthermore, the article delves into a detailed analysis of the multifaceted challenges associated with implementing this technology. Through this comprehensive evaluation, the work provides crucial insights into ongoing efforts to navigate these challenges and suggests potential pathways for future research in this rapidly evolving field.