As the primary greenhouse gas, CO2 emission has noticeably increased over the past decades resulting in global warming and climate change. Surprisingly, anthropogenic activities have increased atmospheric CO2 by 50% in less than 200 years, causing more frequent and severe rainfall, snowstorms, flash floods, droughts, heat waves, and rising sea levels in recent times. Hence, reducing the excess CO2 in the atmosphere is imperative to keep the global average temperature rise below 2 °C. Among many CO2 mitigation approaches, CO2 capture using porous materials is considered one of the most promising technologies. Porous solid materials such as carbons, silica, zeolites, hollow fibers, and alumina have been widely investigated in CO2 capture technologies. Interestingly, porous silica-based materials have recently emerged as excellent candidates for CO2 capture technologies due to their unique properties, including high surface area, pore volume, easy surface functionalization, excellent thermal, and mechanical stability, and low cost. Therefore, this review comprehensively covers major CO2 capture processes and their pros and cons, selecting a suitable sorbent, use of liquid amines, and highlights the recent progress of various porous silica materials, including amine-functionalized silica, their reaction mechanisms and synthesis processes. Moreover, CO2 adsorption capacities, gas selectivity, reusability, current challenges, and future directions of porous silica materials have also been discussed.