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In 1994, Reza Raji described the concept in IEEE Spectrum as ' small packets of data to a large set of nodes, so as to integrate and automate everything from home appliances to entire factories'. Mark Weiser's 1991 paper on ubiquitous computing, 'The Computer of the 21st Century', as well as academic venues such as UbiComp and PerCom produced the contemporary vision of the IOT.

The main concept of a network of smart devices was discussed as early as 1982, with a modified Coca-Cola vending machine at Carnegie Mellon University becoming the first ARPANET-connected appliance, able to report its inventory and whether newly loaded drinks were cold or not. There are a number of concerns about the risks in the growth of IoT technologies and products, especially in the areas of privacy and security, and consequently there have been industry and government moves to address these concerns, including the development of international and local standards, guidelines, and regulatory frameworks. In the consumer market, IoT technology is most synonymous with ' smart home' products, including devices and appliances (lighting fixtures, thermostats, home security systems, cameras, and other home appliances) that support one or more common ecosystems, and can be controlled via devices associated with that ecosystem, such as smartphones and smart speakers. Older fields of embedded systems, wireless sensor networks, control systems, automation (including home and building automation), independently and collectively enable the Internet of things. The field has evolved due to the convergence of multiple technologies, including ubiquitous computing, commodity sensors, and increasingly powerful embedded systems, as well as machine learning. Internet of things has been considered a misnomer because devices do not need to be connected to the public internet, they only need to be connected to a network, and be individually addressable. The Internet of things encompasses electronics, communication and computer science engineering.

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The Internet of things ( IoT) describes devices with sensors, processing ability, software and other technologies that connect and exchange data with other devices and systems over the Internet or other communications networks.