Shared Hosting: Multiple sites share server resources, making it more affordable.
VPS Hosting: Virtual Private Server offers dedicated resources in a shared environment.
Dedicated Hosting: The entire server is dedicated to one website, ensuring maximum performance and security.
Managed Hosting: This is a comprehensive service where the hosting provider handles all the technical aspects, including updates and security.
This Article as an in-depth one on the different Types of WordPress Hosting available.