In this paper a concise overview of the work that has been done by various researchers in the area of type-2 fuzzy logic is analyzed and discussed. Type-2 fuzzy systems have been widely applied in the fields of intelligent control, pattern recognition and classification, among others. The overview mainly focuses on past, present and future trends of type-2 fuzzy logic applications. Of utmost importance is the last part, outlining possible areas of applied research in type-2 FL in the future. The major contribution of the paper is briefing of the most relevant work in the area of type-2 fuzzy logic, including its theoretical and practical implications. As well as envisioning possible future works and trends in this area of research. We believe that this paper will provide a good platform for people interested in this area for their future research work.