The internet of things has expanded rapidly over the past few years. These are small devices which are controlled and tracked by latest cost-effective chips of suitable size. The problem of building IoT has changed into the problem of managing the large quantity of data. The quantity of transistors per chip will turn double after every 18 months as per Moore’s law, which has enabled hardware developers to incorporate additional functionality in the same footprint. This helps in the creation of smaller phones, computers and many other ready-to-use electronic devices.