Shared hosting is one of the most frequently used hosting in the web industry. It is because of its low cost and maintenance. Shared hosting is nothing but the physical web server connected to the internet is shared by many websites.
This type of hosting is useful for small websites which certainly need web presence. However it is not suitable for websites with heavy traffic. Various hosting companies in the market offer shared hosting packages. To keep in mind that price defines the quality of products, there is a certain limit for the number of sites to be hosted on a single server. If the limit exceeds, the web pages will take time to load or sometimes the whole website crashes.
Considering the administration work, shared hosting is quite easy to maintain when compared to other types of hosting and is taken care by the hosting company itself.