The Internet of Things is no longer a buzzword now. IoT has already arrived, if not in terms of connected cars, remote surgeries, online gaming or cases similar to these which need low latency, ultra high response etc., but IoT is available for many other use cases, such as illegal car parking, vehicle tracking, industrial IoT, and much more. The current challenge being faced is to know what are the technologies available, which one will suit the specific use case and which one is more economical with minimal risk on user data and so on. Bringing answers for a few of the questions together and elaborating on a lucrative IoT technology and how 5G can leverage this technology is being discussed in detail ahead, so keep reading !!