Cold spraying has great advantages in preparation of oxidization-sensitive metallic coatings because of the lower heat input and almost no oxidation resulting from its low temperature process. Combined with the convenience of cold spraying in manufacturing particle reinforced composite coatings, titanium matrix composite coatings prepared by cold spraying can compensate for the shortcomings of poor wear resistance of pure titanium or titanium alloys. In addition, one can also get the functional coatings besides the structural coatings. According to the existing research reports, the deposition behaviors and mechanisms of cold-sprayed titanium matrix composite coatings were summarized. By analyzing the porosity and deposition efficiency, the effect of strengthening on the microstructure of the cold-sprayed titanium matrix composite coatings was explained. The mechanism of reinforcement on mechanical and wear performance of titanium matrix composite coatings were revealed. Finally, the future application of cold-sprayed titanium matrix composite coatings is prospected, and several promising directions are listed.