This video from Cisco worth watching: after describing opportunities Internet of things is able to provide, the barriers to the Internet of things are listed:
transition of IPv6
establishing common set of standards
developing energy source for millions - even billions - of sensors
The last barrier seems the most challenging to me. However I think all of the barriers will be removed in the nearest future and we will be leaving in the better world empowered by Internet of things very soon.
P.S: According to Cisco's predictions by 2020 there will be 50 billion connected devices whereas global population will be 7.6 billion people (6.58 connected devices per person).
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