Quantum dot-based light-emitting diodes (QD-LEDs) represent a form of light-emitting technology and are regarded like a next generation of display technology after the organic light-emitting diodes (OLEDs) display. QD-LEDs are different from liquid crystal displays (LCDs), OLEDs, and plasma displays due to the fact that QD-LEDs present an ideal blend of high brightness, efficiency with long lifetime, flexibility, and low-processing cost of organic LEDs. So, QD-LEDs show theoretical performance limits which surpass all other display technologies. The goal of this chapter is, firstly, to provide a historical prospective study of QD-LEDs applications in display and lighting technologies, secondly, to present the most recent improvements in this field, and finally, to discuss about some current directions in QD-LEDs research that concentrate on the realization of the next-generation displays and high-quality lighting with superior color gamut, higher efficiency, and high color rendering index.