IOT Market Impacts of the Russia-Ukraine War

Abstract

A new paradigm called the Internet of Things (IoT) has transformed traditional living into a high-tech lifestyle. These changes brought about by IoT include smart cities, smart homes, pollution control, energy conservation, smart transportation, and smart industries. Many important research projects and investigations have been carried out in an effort to advance technology through IoT to fully realize the potential of IoT, there are still numerous obstacles and problems that must be resolved. These difficulties and problems must be taken into account from a variety of IoT perspectives, including applications, difficulties, enabling technologies, social and environmental implications, etc. This review article's crucial objective is to offer a thorough discussion from both a technological and sociological standpoint. Also, the article brings into light the existing literature and illustrated their contribution in different aspects of IoT. Moreover, the importance of big data and its analysis with respect to IoT has been discussed. This article would help the readers and researcher to understand the IoT and its applicability to the real world.