As suggested by a study conducted by DHL & Cisco trend reports 2015, the count of 15 billion connected devices by Internet of Things (IoT) in 2015 will rise up to 50 billion by 2020. And that is only about 3% of the devices which can be connected and included into the connected things network for automated processes. But industries seems to be going more aggressively for adoption of IoT in their business architecture owing to the benefits IoT can impart. A staggering rise of 333% since 2012 in IoT deployments is reported by Forrester Research in a study with Zebra Technologies. This directs us to the exceptional benefits which logistics industry can gain from IoT and the specific areas where internet of things companies are sought.