Abstract
Abstract: Since the past decade, the data production and consumption has been increasing exponentially. Ever since the emergence of cheap computer chips, wireless networks, and technological advancements in the cloud, there has been a tremendous increase in the number of IoT devices being developed. The data collected by connected heterogeneous IoT devices are highly diverse and unstructured and need to be analyzed to gain valuable insights therefrom. Data analysis can effectively help Internet of Things (IoT) businesses to identify trends, enhance growth and productivity, and empower employees. To date, immense opportunities are being discovered by analyzing massive amounts of data generated by IoT devices. Through an indepth analysis of existing surveys, we explore IoT, data analytics, and their unification. In this survey, we investigated various applications with their extensive usage and significant challenges of IoT data analytics. By examining the plethora of advantages of data analysis in the IoT sector, one can conclude that field has numerous applications and the true potential of data analysis in IoT sector is yet to be realized.
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