Unlike other technologies that were trending once and are now nowhere in the league, the Internet of Things (IoT) is here to stay, transforming how we used to live. According to McKinsey, on average, with each passing second, 127 new devices are connected to the internet. In the past few years, we have also witnessed how IoT has evolved from being just a theoretical concept to a practical experience. Although many of us are familiar with the concept of the Internet of Things, some might not have a clear understanding of it. So, before moving on to the IoT trends for 2023, let’s get a brief introduction to what IoT is.