Abstract
Today, Internet has become the most important and a revolutionary invention which has touched almost every corner of the world and has affect human life in tremendous ways. IOT, Internet of things is simply an interaction between the physical and digital world. It is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers (UIDs). The communication taking place in today's world is basically in the form of human-human or human-machine but IOT has the ability for a great future where communication will take place in the form of machine-machine also. IOT has changed the way of living of people into a high-profile way and has impact in almost various sector which has given a positive impact on world. Also, along with various advantages it has some challenges and disadvantages too. This paper mainly focused on all the importance point related to IOT, how it works, its component, architecture, characteristics, applications, advantages-disadvantages and many more. IOT is overall a vast topic to discuss and talk about.
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