Attacks on Internet of Things (IoT) devices are on the rise. Physical Unclonable Functions (PUFs) are proposed as a robust and lightweight solution to secure IoT devices. The main advantage of a PUF compared to the current classical cryptographic solutions is its compatibility with IoT devices with limited computational resources. In this paper, we investigate the maturity of this technology and the challenges toward PUF utilization in IoT that still need to be addressed.