A VPS hosting is simply an upgradation of shared hosting. It gives you fewer restrictions and more chances for your business to grow. Hence you can host your website individually on a server allotted to you.One of the essential decisions you will have to make for your site is whether to go for VPS hosting or a Shared one. There is nothing better than the other or worst. In fact, it depends on your business and website requirements.
Source: https://riteanswers.com/web-design-development/details/5-differences-between-shared-and-vps-servers