The recent developments in perovskite photovoltaics, a cutting-edge technology praised for its high efficiency and low production expenses, have seen considerable progress. However, using perovskite solar cells on a large-scale faces several challenges, including lowering production costs, producing large-area panels, maintaining high production rates, maintaining environmental concern, and achieving high efficiency in converting sunlight to energy. Taking all these into considerations, this chapter delves into the advancements in material science, manufacturing methodologies, and device performance while pinpointing key challenges like stability, environmental impact, long-term durability, and reproducibility. It also gives a clear look at the current state of perovskite photovoltaics and offers ideas for overcoming the challenges to make them commercially viable. The chapter highlights the market potential of perovskite photovoltaics by detailing both the progress made and the ongoing challenges. It also outlines a roadmap for forthcoming research and development efforts in this field.