Traditional elevators have developed intelligence and integrated IoT to improve user experience, safety, and energy efficiency. The purpose of the article is to provide construction managers, engineers, and architects with the knowledge they need to evaluate the viability of installing IoT elevators in contemporary structures.The significance of an IoT elevator, advantages of its implementation, the function of IoT gateways in lift systems, and the ideal IoT gateway for IoT lifts are all covered in this article.