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Abstract In this review paper, we highlight the utilization of nanostructured quantum dots (QDs) in light-emitting diodes, biomedical, and energy-related applications. We discuss different preparation methods, cation-doping effects, and the optical applications of perovskite QDs. Cadmium selenide QDs are semiconductor materials with narrow bandgaps; therefore, their optical properties and electronic structures can be tuned. They can absorb photons (light energy) and convert multiple electron-hole pairs efficiently via multiple exciton generations. These effective light absorption properties are suitable for solar-driven water electrolysis processes and efficient photo-electrochemical lithium-air batteries. We focus on the utilization of upconverting nanoparticles in the field of biomedical applications. Suitable bandgap position, efficient charge separation, transportation, and photo-stability are the advantages of QD nanostructured materials. Hence, they are efficient and challenging candidates for the future. Graphical abstract In this review, we summarize the utilization of nanostructured quantum dots (QDs) in light-emitting diodes, biomedical, and energy-related applications. We discuss different preparation methods, cation-doping effects, and the optical applications of perovskite QDs which have excellent optical performance in the application of the light-emitting device. Besides, Cadmium selenide QDs can absorb photons (light energy) and convert multiple electron-hole pairs efficiently via multiple exciton generations. These effective light absorption properties are suitable for solar-driven water electrolysis processes and efficient photo-electrochemical lithium-air batteries. Moreover, upconverting nanoparticles have the unique performance in the field of biomedical applications. fx1 [ABSTRACT FROM AUTHOR]