In answering this question, maybe it’s better to examine how VPS hosting fits in to the overall offerings of most hosting companies. Shared hosting is just that – your site is hosted on a machine with a bunch of other sites, and each of you share the same resources, including RAM, disk space, and CPU.  Your site uses what it needs if it’s available, and if it’s not – well, that’s the limitation of shared hosting. Likewise, a dedicated server is also self-explanatory –  your site is the only one hosted on server, and you have all the aforementioned resources available at your beck and call. Dedicated hosting is therefore  for those large sites with big databases and lots of traffic, whereas the limitations of shared hosting’s usually prevent it from housing that kind of site. Dedicated servers are also relatively expensive, while one can get a shared hosting plan for under $10 per month.
Do you remember those times when you were living on a college campus with very noisy roommates? Or maybe they were super quiet and you enjoyed every day? The point is, it was a gamble - you never knew whom you ended up with. This is pretty much the same as having shared hosting account - you haven’t the faintest idea who is your roommate on a server. The analogy may sound funny but if someone on a shared server becomes a distributed denial of service (DDoS) attack target or get blocked for mass mailing, other accounts on the server will be affected as well. Also, if a shared account abuses server resources, the whole server will be impacted. Using a VPS is like owning a house with a 9 foot privacy fence. You won’t be bothered no matter what your neighbors are doing.
 
Shared hosting is cheap and allows you to install any gallery platform you wish if a hosting plan meets its requirements. But be careful and study your hosting provider’s Acceptable Use Policy thoroughly. The truth is, that even if they claim unlimited storage with their plans, they don’t want you to use much of it. On the contrary, they secretly hope that you will use less and they can host many other clients on the same server. For that reason, hosting providers usually put limitations on their policies (e.g. “no more than 10 GB for images,” etc.). So don’t be convinced that you have unlimited storage without first checking your shared hosting provider's policies or you will find your account suspended someday.
One of the reasons that VPS hosting has become popular is to have a staging environment.  For instance, one private server could have the actual website or application and the other a copy of it.  If a critical update of the application or software needs to be made, the update may be tested on the staging server before committing any changes to a live production server. This permits testing before scheduling and performing maintenance and upgrades to a live production environment.
In answering this question, maybe it’s better to examine how VPS hosting fits in to the overall offerings of most hosting companies. Shared hosting is just that – your site is hosted on a machine with a bunch of other sites, and each of you share the same resources, including RAM, disk space, and CPU.  Your site uses what it needs if it’s available, and if it’s not – well, that’s the limitation of shared hosting. Likewise, a dedicated server is also self-explanatory –  your site is the only one hosted on server, and you have all the aforementioned resources available at your beck and call. Dedicated hosting is therefore  for those large sites with big databases and lots of traffic, whereas the limitations of shared hosting’s usually prevent it from housing that kind of site. Dedicated servers are also relatively expensive, while one can get a shared hosting plan for under $10 per month.
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