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Single-atom-site catalysts (SASCs) featuring maximized atom utilization and isolated active sites have progressed tremendously in recent years as a highly prosperous branch of catalysis research. Varieties of SASCs have been developed that show excellent performance in many catalytic applications. The major goal of SASC research is to establish feasible synthetic strategies for the preparation of high-performance catalysts, to achieve an in-depth understanding of the active-site structures and catalytic mechanisms, and to develop practical catalysts with industrial value. This Perspective describes the up-to-date development of SASCs and related catalysts, such as dual-atom-site catalysts (DASCs) and nano-single-atom-site catalysts (NSASCs), analyzes the current challenges encountered by these catalysts for industrial applications, and proposes their possible future development path.