Soiling accumulated on a photovoltaic (PV) module can significantly reduce the transmittance of the cover glass, resulting in power losses and consequent economic losses. Natural atmospheric parameters influence the accumulation of soiling at the various geographic locations. In this paper, the approaches and outcomes of the research studies on either indoor (simulator-based) or outdoor (field-based) PV soiling have been thoroughly reviewed. Different parameters depicted for the power loss of PV modules are analyzed individually and presented. Moreover, this study delves into a detailed examination of the key factors influencing dust depositions on PV modules in various geographical regions, with a particular focus on their relationship with climatic conditions. This way, probable future research directions to quantify soiling losses are identified. In addition, different loss prevention and mitigation techniques are also reviewed. This makes it possible to highlight effective strategies and pinpoint potential future research lines in these areas.