The Internet of Things (IoT) refers to a vast network of connected devices capable of exchanging data, bringing enhanced visibility and operational efficiencies to various industries. Key aspects of IoT include security measures, streaming data capabilities, and diverse connectivity options such as cellular technologies and unlicensed low-power wide-area (LPWA) networks. As the market evolves, the demand for low-cost, reliable devices that meet specific application requirements will drive advancements in connectivity standards and solutions.