Fiber sensors possess characteristics such as compact structure, simplicity, electromagnetic interference resistance, and reusability, making them widely applicable in various practical engineering applications. Traditional fiber sensors based on different microstructures solely rely on the thermal expansion effect of silica material itself, limiting their usage primarily to temperature or pressure sensing. By employing thin film technology to form Fabry–Perot (FP) cavities on the end-face or inside the fiber, sensitivity to different physical quantities can be achieved using different materials, and this greatly expands the application range of fiber sensing. This paper provides a systematic introduction to the principle of FP cavity fiber optic sensors based on thin film technology and reviews the applications and development trends of this sensor in various measurement fields. Currently, there is a growing need for precise measurements in both scientific research and industrial production. This has led to an increase in the variety of structures and sensing materials used in fiber sensors. The thin film discussed in this paper, suitable for various types of sensing, not only applies to fiber optic FP cavity sensors but also contributes to the research and advancement of other types of fiber sensors.