An Overview of Internet of Things: Understanding the Issues and Challenges of a More Connected World

Abstract

Internet of Things (IoT) is an emerging filed for technical, social, and economic significance. Consumer products, durable goods, cars and trucks, industrial and utility components, sensors, and other everyday objects are being combined and connected with Internet and powerful data analytic capabilities that promise to transform the traditional services. Projection of IoT on the Internet and economy is impressive, with some anticipating as many as 100 billion connected IoT devices and a global economic impact of more than $11 trillion by 2025. At the same time, the IoT has been suffered from various challenges that need to be addressed with new standards, methods, and systems and provide more potential benefits. Attention-grabbing headlines about the hacking of Internet-connected devices, surveillance concerns, and privacy fears already have captured public attention. Technical challenges need new standards and policies, legal and development challenges need new methods and systems. This review paper presents a detail about current IoT challenges to help the new researchers in this area and filed to navigate the dialogue surrounding the IoT in the light of the competing predictions about its promises and perils.