Green hydrogen is being considered as a next-generation sustainable energy source. It is created electrochemically by water splitting with renewable electricity such as wind, geothermal, solar, and hydropower. The development of electrocatalysts is crucial for the practical production of green hydrogen in order to achieve highly efficient water-splitting systems. Due to its advantages of being environmentally friendly, economically advantageous, and scalable for practical application, electrodeposition is widely used to prepare electrocatalysts. There are still some restrictions on the ability to create highly effective electrocatalysts using electrodeposition owing to the extremely complicated variables required to deposit uniform and large numbers of catalytic active sites. In this review article, we focus on recent advancements in the field of electrodeposition for water splitting, as well as a number of strategies to address current issues. The highly catalytic electrodeposited catalyst systems, including nanostructured layered double hydroxides (LDHs), single-atom catalysts (SACs), high-entropy alloys (HEAs), and core-shell structures, are intensively discussed. Lastly, we offer solutions to current problems and the potential of electrodeposition in upcoming water-splitting electrocatalysts.