A shared web hosting is an hosting environment which several websites are hosted on a single web server also known as shared server. It also means all the server resources related to bandwidth, web space, memory and databases are shared by many websites. Cost-effective is the main reason behind this shared hosting solution due to its shared resources with other websites.
The biggest advantage of shared web hosting is its affordable rate and by far is the cheapest hosting option in the market. Maintenance normally done by the provider and usually included in the hosting package. Shared hosting is the most common platform and affordable option for startups and new websites.