The study explores the theme of Internet of Things in business and management by conducting bibliometric analysis of extant literature on the topic. SPAR-4-SLR protocol methodology of systematic literature review is employed for bibliometric analysis. Year-wise, Author-wise, Citation-wise, Country-wise, Source-wise, Affiliation-wise, Sponsoring institutions-wise and keywords-wise listing are the parameters to identify the trend, opportunities, and future scope of this theme. We use Scopus database to list the extant literature. The study suggests that IoT in business and management is going to be explored in relation to digital transformation, fog computing, soft computing, embedded system, industry 4.0, circular economy, sustainable development, and smart cities and subsequently this wide-spread application of IoT in Business & Management also brings certain challenges like cyber-security, reliability, privacy, and complexity in working. This study provides insights on current trends and the future scope of IoT in business and management which is equally useful for researchers and policy makers