The Internet of Things (IoT) becomes a popular research area in the present technology world. The combination of sensors and actuators makes a strong structure for cloud computing which may be utilized as networks of self-governing objects in real time system. IoT is growing day by day in smart cities, domestic life, and industries in different aspects. According to Gartner Inc., “IoT will include 26 billion units installed by 2020”. IoT helps in making Smart environment such as home automation, smart wearable, security solutions, smart health care etc. The upcoming research areas of IoT are in making smart transport mechanisms for cities and making smart power grids. This manuscript presents an overview of recent trends of the IoT and its effects in the daily life of human being. The significance of artificial intelligence, autonomous control, cloud computing in IoT is also discussed. There is a necessity to synchronize technologies like wireless sensors, actuators, internet, distributed computing etc. for effectively activate the new technologies for IoT.