Hydrogels are prepared by physical or chemical cross‐linking of water‐soluble polymers. Natural, semisynthetic, and synthetic polymers may be cross‐linked physically or by a cross‐linker to produce the network structure of a hydrogel. Because of cross‐linking these polymers are not soluble in water. However, hydrogels can absorb huge amount of water, resulting in significant swelling of their three‐dimensional network structure. The swelling of a responsive and smart hydrogel strongly depends on external stimuli such as pH, temperature, salt concentration, light, and magnetic and electric fields. Hydrogels are widely reported for various applications. In fact, in recent years the research on hydrogel has been found to increase at an exponential rate, with around 8000 publications in 2021. In this article, the origin, history, theoretical modeling, synthesis, properties, classifications, characterization, and new applications of hydrogels have been discussed in detail with the citation of references till 2021.