Silicon anodes, which exhibit high theoretical capacity and very low operating potential, are promising as anode candidates that can satisfy the conditions currently required for secondary batteries. However, the low conductivity of silicon and the alloying/dealloying phenomena that occur during charging and discharging cause sizeable volume expansion with side reactions; moreover, various electrochemical issues result in inferior cycling performance. Therefore, many strategies have been proposed to mitigate these problems, with the most commonly used method being the use of nanosized silicon. However, this approach leads to another electrochemical limitation—that is, an increase in side reactions due to the large surface area. These problems can effectively be resolved using coating strategies. Therefore, to address the issues faced by silicon anodes in lithium-ion batteries, this review comprehensively discusses various coating materials and the related synthesis methods. In this review, the electrochemical properties of silicon-based anodes are outlined according to the application of various coating materials such as carbon, inorganic (including metal-, metal oxide-, and nitride-based) materials, and polymer. Additionally, double shells introduced using two materials for double coatings exhibit more complementary electrochemical properties than those of their single-layer counterparts. The strategy involving the application of a coating is expected to have a positive effect on the commercialization of silicon-based anodes.