One can simply check various offerings of web hosting services of the web host or you can quickly run through the below information for knowing the difference between various web hosting solutions.

Before making a debut on the online world,it is important to find a suitable web hosting provider.Based on your websites requirements,you need to select either Dedicated Servers,Virtual Servers or Shared Servers.Also,you need to check the suitable web hosting platform ie. Windows or Linux.Every web hosting type has its own advantages and dis-advantages. Below is a quick overview of various Web Hosting types:

Shared Servers

Shared server hosting is the basic and entry level type of web hosting solution.In this type,every customer is offered some space and resources of a server.This is an ideal solution for personal websites and sites that require less resources for its functioning.
When hosted on a shared server,a single IP would be shared between all the users.One cannot expect more privileges for managing the account.You are offered an FTP access to upload and download the web files to the server.The account can be managed using the control panel that you have opted while ordering the shared hosting package.

Refer:  Advantages and Disadvantages of Shared Servers

Virtual Servers (VPS)

Virtual Servers are also termed as VPS or VDS ie. Virtual Dedicated Servers in the UK and across the Web hosting industry. Virtual servers are similar to shared servers but with dedicated environment similar to Dedicated Servers. You get to experience almost all the privileges of a Dedicated Server. With a VPS you get root or admin access to the server. In this the host machine is actually shared but does not appear to be so. The single physical server is partitioned between various virtual servers using a virtualization software. But,to an individual having an account on the VPS,feels like s/he has his own dedicated server.Each account of the VPS functions as an entirely different server and is not affected with the changes done to other accounts. Each virtual account is offered a different IP to use. Usually,a set amount of server resources are alloted with an additional Burstable RAM and CPU to handle the spikes in the network.

Refer:  Advantages and Disadvantages of VPS

Dedicated Servers

As the name itself suggests, Dedicated Server is used by a single user. With it you are offered dedicated IP addresses. Dedicated Server is capable of satisfying the requirements of resource hungry applications.The advantage of this type of hosting solution is that,you can ask for customization to the basic server configuration. With it you can have complete control over the server and ofcourse your website. Some of the hosts also allow you to make modifications to the server software as per your business needs. This is possible only because you are the only one hosted onto the server and no one else would get affected with it.

Refer:  Advantages and Disadvantages of Dedicated Servers

Among other comparison factors,price is an important factor.Since shared server has a lot of customers using a single physical server,the cost gets majorly reduced as compared to other types,therefore,this type of hosting is also known as low cost or cheap web hosting.But,as a matter of fact,the servers are highly vulnerable to online threats as it offers the lowest level of security,and since this being a low cost solution,hackers and attackers find it affordable to carry out their unethical activities.

The hierarchy for Server or Web site security is as given below (From lowest to the highest)

Shared Server >> Virtual Server >> Dedicated Servers.

Now its the decision of the website owner to choose, whether you wish to have low cost solution that is highly prone to attacks and online threats or to have a server that is a bit costlier but posses very little risk of threats.

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1. Shared Servers and Dedicated Servers : Two Sides of a Coin
2. Advantages and Disadvantages of Virtual Servers
3. Advantages and Disadvantages of Shared Servers
4. Advantages and Disadvantages of Dedicated Servers
5. Basics of Web Hosting