In Virtual Private Server, You have your own space on a physical server that is partitioned into multiple private environments. The technical terms for this is “Virtualization”.
So while others may reside on the same physical server as you, your space is yours alone and you don’t share resources and bandwidth as you do with shared hosting.
VPS Hosting is a web hosting that allows a high degree of control and customization, you can change server settings, install software, add users, and even turn the server on and off as needed.
It’s a good solution when you want your own server space and resources, and the control of dedicated hosting – but you don’t need the amount of space and power that dedicated hosting provides.