The world we in is virtually becoming smaller since living and nonliving things are connected to the internet. Internet of things, or IoT, is a system of interconnected things, each with unique identifiers (UIDs) and the ability to exchange data without the need of human intervention. The rapid growth of IoT is considered the next wave for enhancing services in almost all sectors of life, at low cost and time. This chapter presents IoT in a broader context, in terms of its growth, IoT operating systems, architecture, and future trends of IoT. The major contribution is detailed information of umpteen IoT applications. The various benefits of IoT, matter of concerns with respect to IoT, scope of research work are also discussed. The integration of various technologies is the main enabling factor of IoT, yielding more benefits to society as a whole. Also, supports in understanding implementation technologies and the major applications of their domain where IoT plays a vital role and future problems for next 20 years are also explicated.