Dedicated Hosting is defined as a hosting service in which entire server is given to the customer and not not shared with anyone.
Semi Dedicated hosting is defined as the hosting in which a user gets a server which is shared with less no of users who has heavy usage than their normal usage.
VPS Hosting is defined as a hosting service in which hard drives of single physical server are split into multiple virtual server all has its root access and also server management consoles.
The only thing which I recognize is the price difference and specifications. Well, it depends on the usage of user which hosting he selects.
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