Shared hosting is the most famous type of web hosting in today’s hosting market. Shared hosting is of low cost and is a very good choice for most of the small business. If a person does not need any high performance and high bandwidth then shared webhosting will suits you the best and can be most convenient way for attaining a web hosting company. There are number of websites which provide shared web hosting. As the name only indicates shared web hosting means that the web server is shared by many people. It is that one server will be fulfilling many other people requirement. In addition to this it will provide these services at cheaper rates.
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Advantages

Cost efficiency
As many websites are hosted on a single web server it will provide with an economic budget. With so many websites hosted on the same web server, the company can lower the cost of the web hosting services.

No Maintenance Cost
The web hosting company will not take charge on providing security and performance issues as there are many websites shared under one server. These shared web hosting servers are managed and monitored by well experienced system administrators in order to lower server downtimes. These facilities require a lot of money to be paid and you can get rid of it.

Disadvantages

System Resources Limitation
Due to one person being fault one in website all the users will face the problem. You will not make usage of resources as many people are involved. As the web site is shared by many people you may also face the problem of slow server response time, if there is not enough data bandwidth available.

Security
Security will always remain as a problem as there are many people sharing the website. In addition, a script can also be easily shared and used by any one. If any of this script gets loading in a hosting account, the whole server will be affected. This is a risk involved that which cannot be avoided with any shared web hosting service. Regularly monitoring is required for resolving such issues.

Shared IP
Shared web hosting will not provide IP by default. This shared IP will be blacklisted and have risk involved. This will lead to great inconvenience to you.

Before deciding to go along with shared wed hosting one should look into advantages and disadvantages of shared web hosting best dedicated servers.