A combination of physical hardware by a host operating & sharing of a physical server with virtual scaling is VPS (Virtual Private Server). However, there are three kinds of hosting such as Shared Hosting, VPS Hosting & Dedicated Server Hosting.
VPS servers provide the benefits of sharing hosting, while at the same time, it provides with more control & power like dedicated servers. With it, one possesses your own operating system & server applications such as PHP and Apache. Have a look, what you'll get from VPS:
Unlimited Websites & Root access gives the ability to install & use any software.
Ease of hosting allied services such as FTP server, mail server, etc.
Ease of fetching backup & data storage
Maintenance & installation has to be done by the virtual server owner.
At long last, if you have a great idea, but don't have an idea in order to reach out using the web, then VPS is the solution.
VPS hosting is a Virtual Private Server, and is a virtualized server. A VPS hosting environment mimics a dedicated server within a shared hosting environment. It is technically both shared hosting and dedicated hosting.
VPS Hosting is one of several types of web hosting accounts you can choose from to host your website online. To have a website on the internet, you need to have your website files on a web server. Setting up and managing a server can not only be expensive, but difficult too. Purchasing web hosting allows someone to rent space on a web server, making it easier for the average person to have host a website online because all they need to do is upload their site files (no server setup is needed on their part).