VPS hosting is Virtual private server
and its work like shared and dedicated hosting technically. We can call that VPS works like a dedicated server but the plus point is it can be customized as your liking. And you will not have to spend so much money as a dedicated server requires.
Almost all of the shared and dedicated hostings comes with a built-in server and you can’t have the changes that you might not like. Or you may not have the access to customized. But VPS hosting will give you feel like you are owning the dedicated server and as a plus point, you may customize as your will..