Ytterbium-doped fibers have become the optimum gain media of high-power fiber lasers thanks to a simple energy structure, which strongly reduces the excited state absorption, and a low quantum defect and a high optic–optic conversion efficiency, which means the low thermal load. In this paper, we take a review of the current state of the art in terms of $\text{Yb}^{3+}$ doped fibers for high-power fiber lasers, including the development of the fabrication techniques. The research work to overcome the challenges for $\text{Yb}^{3+}$ doped fibers, which affect the stability of output power and beam quality, will be demonstrated. Direction of further research is presented and the goal is to look for a fiber design, to boost single fiber output power, stabilize the laser power and support robust single-mode operation.