E-Commerce: a business revolution in twenty first century

E-Commerce or electronic commerce is one of the key aspect in the economy of any country. It is a powerful tool in the economic growth of developed and developing countries and it is necessary component of the business. It has revolutionized the customer participation and it created the new economic environment in the global market. This paper highlights the growth of e-commerce and how e-commerce is important in online trading business and how e-commerce generates revenue to strengthen the country's economy. The main objective of the paper is to highlight the development of e-commerce from past to present and how ICT (Information and Communication Technology) has played key role to develop the e-commerce and how the e-commerce websites successfully running their business through the internet with case study of selected online websites are discussed. E-Commerce technology will continue to propagate through all commercial activity, with overall revenues from e-commerce, the number of products and services sold over the Web in the recent decades.