Speaking about any IoT ecosystem, we speak about a complex system of interconnected components and the environment where they exist and with which they interact.
The IoT ecosystem is hard to define, complex, and difficult to capture due to the vastness of possibility and the rapidity with which it is expanding.
We can use the term IoT ecosystem instead of IoT system because IoT devices have no value without the environment they exist in.
The Internet of Things (IoT) is a complex ecosystem of interacting elements, including sensors, gateways, servers, and platforms for accessing information.
The three facts (environment, data, people) bring the definition of an Internet of Things ecosystem, a network of interconnected devices that exists in some environment gathers the data and delivers it to people who process and analyze it using modern technologies to achieve a definite goal like building a smart home.
How does IoT technology do this? The answer is through several interconnected components that make up the IoT ecosystem.