The Internet of Things (IoT) is a global network of interconnected computing, sensing, and networking devices that can exchange data and information via various network protocols. It can connect numerous smart devices thanks to recent advances in wired, wireless, and hybrid technologies. Lightweight IoT protocols can compensate for IoT devices with restricted hardware characteristics in terms of storage, Central Processing Unit (CPU), energy, etc. Hence, it is critical to identify the optimal communication protocol for system architects. This necessitates an evaluation of next-generation networks with improved characteristics for connectivity. This paper highlights significant wireless and wired IoT technologies and their applications, offering a new categorization for conventional IoT network protocols. It provides an in-depth analysis of IoT communication protocols with detailed technical information about their stacks, limitations, and applications. The study further compares industrial IoT-compliant devices and software simulation tools. Finally, the study provides a summary of the current challenges, along with a broad overview of the future directions to tackle the challenges, in the next IoT generation. This study aims to provide a comprehensive primer on IoT concepts, protocols, and future insights that academics and professionals can use in various contexts.

No abstract