Over the past decade, the rise of broadband and mobile Internet access has led to the widespread adoption of real-time networking and multimedia applications. These platforms have become essential for connecting individuals and supporting businesses, particularly with the growing trend of remote work. The demand for video streaming services has surged significantly and is expected to continue rising. However, this increased traffic has strained network performance, leading to congestion and diminishing the quality of service, especially during peak evening hours and the COVID-19 pandemic. Besides upgrading network infrastructure, it is crucial to develop intelligent streaming systems that adapt to network conditions and user expectations to enhance customer satisfaction. This review paper explores into the basics and introduction of Multimedia and Real-Time Networking. It also explores the advancements in Adaptive and Intelligent Networking for real-time multimedia communication. The paper formulates research questions based on the discussed topics, such as the distinctions between real-time networking and traditional networking, the ways multimedia applications adjust to fluctuating network conditions, and the challenges and limitations associated with these technologies.