AbstractMethane (CH₄) is inexpensive, high in heating value, relatively low in carbon footprint compared to coal, and thus a promising energy resource. However, the locations of natural gas production sites are typically far from industrial areas. Therefore, transportation is needed, which could considerably increase the sale price of natural gas. Thus, the development of distributed, clean, affordable processes for the efficient conversion of CH₄ has increasingly attracted people's attention. Among them are plasma technology with the advantages of mild operating conditions, low space need, and quick generation of energetic and chemically active species, which allows the reaction to occur far from the thermodynamic equilibrium and at a reasonable cost. Significant progress in plasma‐assisted reforming of methane (PARM) is achieved and reviewed in this paper from the perspectives of reactor development, thermal and nonthermal PARM routes, and catalysis. The factors affecting the conversion of reactants and the selectivity of products are studied. The findings from the past works and the insight into the existing challenges in this work should benefit the further development of reactors, high‐performance catalysts, and PARM routes.