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The Internet of Things (IoT) is a conceptual paradigm that connects billions of Internet-enabled devices to exchange data among themselves and their surroundings to enable smart interactions and connect the physical infrastructure to digital systems. IoT represents a revolutionary paradigm that started to affect our lives in many positive ways. The term Internet of Things was first coined in 1999 by Kevien Ashton (Ashton, 2009) and was initially designed to support RFID technology. However, nowadays IoT has reached far beyond its designers’ vision and become much popular for the new applications it opens up in many vital domains like healthcare, intelligent transportation, public safety, home automation, smart city, asset monitoring, industrial automation and much more. The evolution of IoT presented the longawaited promise of ubiquitous data access in which people wanted to have access to real-time data on the go anywhere and anytime. Even though there are many other relevant paradigms/model that intersect with the purpose of IoT (eg, M2M: Machine to Machine), Web of Things, Internet of Everything (IoE), pervasive computing, etc.), there are fundamental differences between them and IoT. The core values of IoT lies in the promise of helping businesses to increase their productivity, enhance control over their assets, and make informed business decisions based on the inference resulting from the processing of the fusion of big raw data acquired from the surroundings, including people themselves. Recent research statistics reveal over 10 billion connected IoT devices in 2021. This number is anticipated to reach 41 billion in 2027 …