The excellent luminescence properties of perovskite quantum dots (PQDs), including wide excitation wavelength range, adjustable emission wavelength, narrow full width at half maximum (FWHM), and high photoluminescence quantum yield (PLQY), highly match the application requirements in emerging displays. Starting from the fundamental structure and the related optical properties, this paper first introduces the existing synthesis approaches of PQDs that have been and will potentially be used for display devices, and then summarizes the stability improving approaches with high retention of PQDs’ optical performance. Based on the above, the recent research progress of PQDs in displays is further elaborated. For photoluminescent display applications, the PQDs can be embedded in the backlighting device or color filter for liquid crystal displays (LCD), or they may function as the color conversion layer for blue organic light-emitting diodes (OLED) and blue micro-scale light-emitting diodes (μLED). In terms of next-generation electroluminescent displays, notable progress in perovskite quantum-dot light emitting diodes (PeQLED) has been achieved within the past decade, especially the maximum external quantum efficiency (EQE). To conclude, the key directions for future PQD development are summarized for promising prospects and widespread applications in display fields.