<p>Perovskite materials exhibit extraordinary structural diversity contributing to applications in electronics, energy storage, and photovoltaics. The ever-increasing research on preparation, modifications and characterization of these perovskites materials highlights their importance to be applied in various technological applications which are extensively reviewed in this paper. The unique ABX₃ crystal structure, allowing for extensive ionic substitutions, directly influences their stability and functional properties. A variety of synthesis techniques, each with its own advantages and disadvantages, including solid-state, sol–gel, co-precipitation, and hydrothermal synthesis techniques are discussed. Solid-state methods face challenges like poor homogeneity and particle aggregation, whereas hydrothermal and wet chemical techniques offer better control over composition, size, and morphology, enhancing energy efficiency and environmental sustainability. These techniques make it possible to produce perovskite materials with custom-fit in applications such as Solar Cells, SOFCs, PENGs, and Supercapacitors. Perovskites' high dielectric constant, tunable bandgap, and exceptional charge transport properties make them highly suitable for electronic and optoelectronic applications. This study offers a concise overview of the current research on perovskite-based materials, highlighting key challenges and future prospects. It emphasizes the need for improved synthesis methods and their practical applications. Addressing these gaps will drive advancements in the field.</p> Graphical abstract <p></p>