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:) Hi guys,
The following information is for all of the novice in web hosting world.

1.Difference between shared hosting and dedicated hosting-The primary difference between dedicated and shared hosting is how the web server is used. With Shared web hosting, the web server is shared between many different websites. With dedicated web hosting, the web server is dedicated to your web site. Both services have their advantages and disadvantages.
Dedicated hosting is any day expensive than shared hosting.

What's the difference between Managed hosting and colocation hosting?

Managed hosting is similar to dedicated hosting, but you get more service and support. Specifically, the web hosting company will watch over your server, troubleshoot problems, perform regular backups, install patches, etc. The specific services offered by managed hosting companies vary, so make sure you account for this difference as you compare prices.

Colocation is a form of dedicated hosting. If you collocate a server, you provide the hardware and the colocation provider installs it for you in their data center. They take care of making sure that you have a consistent Internet connection and ensure that you have power to your server. You handle everything else with the server. You usually pay for the rack space (the space that your server takes up) and the bandwidth that your server consumes. Colocation is a service that is generally used by more sophisticated users.

Do you need managed Hosting?

Before you think about managed hosting you will first need to decide whether or not you need a dedicated server. You will need a dedicated server if you have a high-traffic web site. If you only have a small web site with low traffic levels then a shared hosting arrangement should be fine. A dedicated server is more expensive to rent and more difficult to operate than a shared hosting solution but if your business depends on a steady service then you should seriously consider renting a dedicated server.

The only disadvantage with dedicated web hosting is that you will have to do a lot of the server administration yourself, and to do this you will need to possess some technical skills; hence the demand for managed hosting. If you fall into this category of needing a dedicated server but you need your host to provide system administration services such as security, firewalls, monitoring and reporting services, and data backup then most likely you will need managed hosting.