Real-time object detection and tracking is a vast, vibrant yet inconclusive and complex area of computer vision. Due to its increased utilization in surveillance, tracking system used in security and many others applications have propelled researchers to continuously devise more efficient and competitive algorithms . However, problems emerge in implementing object detection and tracking in real-time; such as tracking under dynamic environment, expensive computation to fit the real-time performance, or multi-camera multi-objects tracking make this task strenuously difficult. Though, many methods and techniques have been developed, but in this literature review we have discussed some famous and basic methods of object detection and tracking. In the end we have also given their general applications and results.