The introduction of mobile devices has changed our daily lives. They enable users to obtain information even in a nomadic environment and provide information without limitations. A decade after the introduction of this technology, we are now facing the next innovation that will change our daily lives. With the introduction of the Internet of Things (IoT), our communication ability will not be restricted to only mobile devices this new era equipped with latest advents of technology, enlightening world in the form of Internet of Things (IoT). Internet of things is such a specified and dignified domain which leads us to the real world scenarios where each object can perform some task while communicating with some other objects. The world with full of devices, sensors and other objects which will communicate and make human life far better and easier than ever. This paper provides an overview of IOT, Application of IOT and Technology Used in IOT.