What is the difference between Private Dedicated VPN and Shared VPN Services?

How do VPNs (Virtual Private Network) work?

What is a VPN? A VPN is an internet privacy technology or communications
network that allow users to securely access private networks and share data
through public networks. Moreover, VPNs provide protection and security to
information transmitted over the internet.

Shared and Private Dedicated VPNs

What is the difference between Private Dedicated VPN and Shared VPN Services?

Private Dedicate VPNs provide a single IP (Internet Protocol)
address which only you can use. Hence, you don’t need to worry about being
banned or blacklisted by any website, unless you violate any of their terms
and conditions. It also gives you total control over the efficiency of the IP
address. Consequently, Private Dedicated VPNs are more expensive than
Shared VPNs. On the other hand, Shared VPNs provide an IP address which
is also being used by thousands of users simultaneously. They are also more
affordable than Private Dedicated VPNs since you share the costs with
different users. However, you run the risk of getting banned if one of the
users on the Shared VPN gets banned.

Uses and Benefits of VPNs

 By having VPNs installed in their computer networking devices, corporations
can now extend their intranet resources to employees working from home or
remote branch offices. VPNs can also bypass firewalls and geographical
restrictions to enable international live streaming (like FIFA world cup live
streaming). Students can also access information provided by their schools
and organizations through VPNs at their homes.

Difference between proxy servers and virtual private networks

Proxy Servers act like middlemen between your computer and a resource (a
webpage for instance). Any requests you send to the network will be
transmitted through the proxy server. In a similar way, any responses by the
network to your requests are transmitted through the proxy server. However,
VPNs do not work that way. Instead, they encrypt (alter information by using
a mathematical algorithm to disable access to unauthorized users) personal
data passing through internet wires to hide your identity while surfing the
net. Moreover, VPNs have thousands of IP addresses that you can use to
make your internet browsing untraceable.
In conclusion, different kinds of VPNs can provide security and protection to
your internet activities. You just have to weigh their pros and cons and
determine which of these VPNs best suit your browsing preferences.