Exploring the Determinants of IoT Adoption: Findings from a Systematic Literature Review

Abstract

The Internet of Things (IoT) heralds a new era of disruptive technologies that provide organizations with both benefits and challenges. However, organizational adoption of IoT is not yet widespread and greater understanding of the phenomenon is required. This study examines the existing literature on the key determinants (drivers, benefits, barriers, and challenges) that influence the adoption of IoT by organizations. Therefore, this paper presents findings from a Systematic Literature Review (SLR) and concept matrix approach to identify these IoT adoption determinants at the organizational level. The key constructs of the Unified Theory of Acceptance and Use of Technology (UTAUT) were examined in relation to the determinants identified to understand applicability of this theory in the IoT context. Future research will complement these findings through an empirical investigation. Therefore, the overall aim of this research is (1) to generate a model that outlines the determinants influencing organizational IoT adoption and (2) to ascertain the applicability of UTAUT in understanding IoT adoption and to further enrich UTAUT by contextualizing its constructs to the IoT phenomenon.