Snow plays a crucial role in the global water cycle, providing water to over 20% of the world’s population and serving as a vital component for flora, fauna, and climate regulation. Changes in snow patterns due to global warming have far-reaching impacts on water management, agriculture, and other economic sectors such as winter tourism. Additionally, they have implications for environmental stability, prompting migration and cultural shifts in snow-dependent communities. Accurate information on snow and its variables is, thus, essential for both scientific understanding and societal planning. This review explores the potential of remote sensing in monitoring snow water equivalent (SWE) on a large scale, analyzing 164 selected publications from 2000 to 2023. Categorized by methodology and content, the analysis reveals a growing interest in the topic, with a concentration of research in North America and China. Methodologically, there is a shift from passive microwave (PMW) inversion algorithms to artificial intelligence (AI), particularly the Random Forest (RF) and neural network (NN) approaches. A majority of studies integrate PMW data with auxiliary information, focusing thematically on remote sensing and snow research, with limited incorporation into broader environmental contexts. Long-term studies (>30 years) suggest a general decrease in SWE in the Northern Hemisphere, though regional and seasonal variations exist. Finally, the review suggests potential future SWE research directions such as addressing PMW data issues, downsampling for detailed analyses, conducting interdisciplinary studies, and incorporating forecasting to enable more widespread applications.