Silver nanowires (AgNWs) have gained increased interest as highly conductive and transparent nanomaterials with numerous applications across various fields. Owing to their unique properties (e.g., optical transparency, electrical conductivity, mechanical characteristics, and ease of processing), AgNWs have been extensively investigated for application in light‐emitting diodes, solar cells, electrocatalysis, liquid crystal displays, wearable electronic devices, flexible nanosensors, and supercapacitors. In this review, recent advances in the synthesis of AgNWs (including the polyol, template, wet chemical, and photoreduction methods) are discussed, with a focus on their advantages and disadvantages in terms of AgNW structural regulation. Furthermore, the advantages and applications of AgNW composites, are comprehensively reviewed and analyzed, with a focus on energy storage and optoelectronics, sensors, electromagnetic interference shielding and absorbing materials, nanogenerators, and other applications. The prospects and challenges of AgNW composites in emerging applications are also proposed.