Shared hosting is the most important type of web hosting. Through this you share the server on which you are hosted with a number of other users and websites; one thing which sets shared website hosting apart from other types is the fact that users who are hosted on the server are not allowed root or administrator access to the server.
Shared hosting server is beneficial when you purchase one Hardware for it.Though it cost very high, But if you have enough money to purchase one, you are in total profit.