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In the digital revolution, IoT stands out as a main pillar of technology that make our lives more easier and quicker. IoT is significantly helping several businesses to grow up, yet it's important to note that many IoT applications are just beginning to scratch the surface of their potential. Still there is a lot of scope for business opportunities in IoT which has been discussed in this paper in details. These opportunities also come up with key challenges that often requires extensive integration efforts and skilled professionals to manage. Moreover, IoT introduces new demands, particularly in security and interoperability. Interoperability refers to the ability of different computer systems and software to communicate and work together seamlessly.
- et al. (2024) studied this question.