Heterogeneous-based functionalized nanocomposite materials have attracted considerable attention in both energy storage and conversion processes due to their fast electron transfer process and their long life cycles. Herein, we discuss different kinds of techniques, which are used for the fabrication of carbon-based nanocomposites like sol-gel, hydrothermal (HT), in-situ polymerization and electrochemical methods, etc. In particularly, functionalized carbon decorated nanocomposites have been focused on the designing and development of rational candidate for future energy technologies. In particular, the highlighted nanocomposites have attracted more attention in the energy technology area because of their larger electrode surface area, high mechanical strength, excellent electrochemical properties, and rapid electrochemical redox behaviour. Considerable advancements in the combinations of nanoscale-based composite devices offer potential for the development of new energy storage technology to fulfill the global energy demands. Finally, we summarize the recent advantages of carbon supported composite, which significantly enhanced their electrochemical energy storage properties like high capacitance and boosted specific capacitive values.