IoT applications provide the ability to remotely monitor, manage, and control devices, and to create new insights and actionable information from massive streams of real-time data. Using IoT of smart devices, it is possible to gather accurate and near real-time information about people, their behavior, traffic, and other utilities.

IoT devices are a part of the larger concept of home automation, which can include lighting, heating, and air conditioning, media and security systems, and camera systems, etc. Long-term benefits could include energy savings by automatically ensuring lights and electronics are turned off or by making the residents in the home aware of usage.

Monitoring and controlling operations of sustainable urban and rural infrastructures like bridges, railway tracks, stands and on- and offshore wind-farms is a key application of the IoT. The IoT infrastructure can be used for monitoring any events or changes in structural conditions that can compromise safety and increase risk

The IoT can benefit many industries by cost-saving, time reduction, better quality workday, paperless workflow, and increase in productivity. It can help in taking faster decisions and save money with Real-Time Data Analytics. IoT is the application of instrumentation, connected sensors, and other devices to machinery and processes in industrial settings.