There are quite a few types of web hosting services in the market.  The right decision should be made based on the domain owner's specific requirements.

• Free Web Hosting - Some companies provide ad-support free web site hosting service, and hope the customer to use paid service later.  There is normally some conditions or restrictions with it.
• Shared Web Hosting - Multiple websites reside on one web server connected to the Internet.  Each web site has its own place on the server to keep it separate from other sites.  The hosting company will maintain the server's availability, and web site owners will be focusing on their web sites content.  This is generally the most economical option for hosting as many people share the overall cost of server maintenance.
• Reseller Web Hosting - The account owner has the ability to use his/her allotted hard drive space and bandwidth to host websites.
• VPS Hosting - This is a method of partitioning a physical server computer into multiple servers. Each virtual server can run its own full-fledged operating system, and each server can be independently rebooted.
• Dedicated Hosting - The customer leases an entire server not shared with anyone.
• Collocation Hosting - The customer requires providing and managing the computing hardware, and the data center provides space, bandwidth, Internet connection and power.

All web hosting companies will provide control panel for customers to manage their web sites or servers.  Please check Web Hosting Control Panel page for detailed comparison.