**Abstract**

Quantum dots (QDs) of group IIB-VIA are one of the most promising materials for various advanced technological applications in the field of optoelectronics, photovoltaic solar cells and biomedicine. Recent developments have suggested the incorporation of aqueous-mediated synthesis for the QDs, as it is greener, environment friendly, cost-effective and reproducible. However, the process involves several challenges, which ought to be met in order to produce stable, consistent and sustainable product formation. The present review discusses the significance of semiconducting QDs, their synthesis through various processes, their pros and cons, and above all the advantage of aqueous-mediated, atom economic and energy-saving methodologies.

**Keywords:** quantum dots, group IIB-VIA semiconductors, aqueous synthesis, luminescence properties, surface passivation, optoelectronics
