Shared Hosting:It is the cheapest web hosting service that is great for startups. When multiple users store their website data on a single server, and all the users share their resources, then this hosting service is said to be shared web hosting.VPS Hosting: VPS stands for Virtual Private Server and this hosting service is preferred by those who experience heavy traffic on their websites. While using shared hosting user faces slow response rate and slow website loading time. This hosting service is quite expensive when compared to shared hosting as you get private space for your websites on the server.Dedicated Hosting: The name itself defines a lot, Dedicated server, which means you will have your own server. This is an expensive investment for small business owners. Dedicated hosting is best for those who have more than 200K monthly traffic on their websites.