Benefits and disadvantages of IoT for government, business and consumer sectors

Ioannis Giokaris
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Ioannis Giokaris: Lecturer, Frederick University, Cyprus

Journal of Data Protection & Privacy, 2023, vol. 5, issue 4, 321-336

Abstract: The Internet of Things, or IoT, is the growing network of interconnected devices that are able to communicate with each other and with other internet-enabled devices and systems. This can include a wide range of devices, from smart home appliances and security systems to industrial equipment and wearable technology. IoT is important because it allows for the seamless exchange of data and information between devices, enabling them to work together in new and innovative ways. This can lead to a number of benefits, such as improved efficiency, cost savings and enhanced functionality. Nevertheless, the excessive use of IoT applications may have some setbacks for the users. This paper aims to examine the benefits, but also the disadvantages of IoT applications in government, business and consumers sectors.

Keywords: Internet of Things; governments; business; consumers; technology; data protection (search for similar items in EconPapers)
JEL-codes: K2 (search for similar items in EconPapers)
Date: 2023
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