Abstract Next‐generation displays require efficient light sources that combine high brightness, color purity, stability, compatibility with flexible substrates, and transparency. Metal halide perovskites are a promising platform for these applications, especially in light of their excellent charge transport and bandgap tunability. Low‐dimensional perovskites, which possess perovskite domains spatially confined at the nanoscale, have further extended the degree of tunability and functionality of this materials platform. Herein, the advances in perovskite materials for light‐emission applications are reviewed. Connections among materials properties, photophysical and electrooptic spectroscopic properties, and device performance are established. It is discussed how incompletely solved problems in these materials can be tackled, including the need for increased stability, efficient blue emission, and efficient infrared emission. In conclusion, an outlook on the technologies that can be realized using this material platform is presented.