The ecosystem of physical devices embedded with sensors, software, and connectivity that collect and exchange data with other devices and systems over the internet.
IoT devices are the primary demand side of DePIN wireless and sensor networks. A temperature sensor, vehicle tracker, or smart meter generates data that flows through a DePIN network (e.g. Helium LoRaWAN) to reach cloud applications. The global IoT device count is in the tens of billions and growing.