Without going into many definitions and much complications let us assume that you have created a single web page. It could be any language. HTML, PHP, ASP—anything.
It may even be single photograph that you have clicked or want to share or a recent video recording that you wish the world to see.
BTW this file would constitute your webpage or website.
To make file(s) accessible to the world so that people can look at them from anywhere, you need to keep them on a computer which is always on and which is always connected and accessible through internet.
This can be any computer.
Even your own computer as well.
But to keep your computer on and always connected is a very costly affair.
Add to that the virus and hack threats.
Not a good option. Same goes for your friend’s or neighbor computer 
Here comes the role of specialized services.
Web Hosting Services.
Thus a web host is one that hosts your website.
Simply put a web host is that allows you to keep your file on their computer dedicated for this purpose (called server) and then allows people to access that.
Every server on the Internet has a unique numerical IP (Internet Protocol) address. Servers can be compared to apartment buildings with unique addresses. Each apartment unit within each building can be compared to space rented out for individual websites.
And these units also has an address just like apartments also have their own addresses.
When you rent a space on a server then, you’re setting up house on the Internet. You can be reached by a unique address (the website address), which is based on the server’s address.
In return, they would charge a fee which appears minuscule when you compare the cost of doing it yourself.
When anyone clicks on your website they put a strain on internet connection of the host. The hosting computer uses some amount bandwidth whenever someone clicks on the website.
Based on limitation of this bandwidth and the amount of disc space you can use on the host computer plus a lot of other features, there are different kinds of web hostings available from hosting companies.
That varies from sharing your server with other people to having your own dedicated server. We would discuss them shortly in one of the articles.
This is the basic definition of web host.
There are plethora of web hosting companies out there. You need to open an account and pay monthly fee to access their services.
Why Do You Need A Web Hosting For Your Business
We discussed the importance of domain name earlier. To have your domain name announced to the world you need make it accessible for people to go to it. An unhosted domain name is of no value.
With your own hosting package you can tell the world that you can be visited at mydomain.com and you can put plenty of substance therein . Otherwise your mydomain.com can not translate into your own website.
Your domain and your hosting service together make your website live.
If you are convinced that you need your own domain, it should be understable that hosting is the next step without which the domain name is just a domain name and cannot turn into website URL.
Thus you have a domain for your business and you want to turn into your business address. The hosting is the key that will do it.
Good luck.
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