Interest in chemical hydrogen storage has increased, because the supply of fossil fuels are limited and the harmful effects of burning fossil fuels on the environment have become a focus of public concern. Hydrogen, as one of the energy carriers, is useful for the sustainable development. However, it is widely known that controlled storage and release of hydrogen are the biggest barriers in large-scale application of hydrogen energy. Ammonia borane (NH₃BH₃, AB) is deemed as one of the most promising hydrogen storage candidates on account of its high hydrogen to mass ratio and environmental benignity. Development of efficient catalysts to further improve the properties of chemical kinetics in the dehydrogenation of AB under appropriate conditions is of importance for the practical application of this system. In previous studies, a variety of noble metal catalysts and their supported metal catalysts (Pt, Pd, Au, Rh, etc.) have presented great properties in decomposing the chemical hydride to generate hydrogen, thus, promoting their application in dehydrogenation of AB is urgent. We analyzed the hydrolysis of AB from the mechanism of hydrogen release reaction to understand more deeply. Based on these characteristics, we aimed to summarize recent advances in the development of noble metal catalysts, which had excellent activity and stability for AB dehydrogenation, with prospect towards realization of efficient noble metal catalysts.