cPanel hosting is generally a solution for hosting a website or application that uses cPanel. For example, at OVHcloud, cPanel is used on our shared hosting services. The difference between a VPS and a shared hosting plan is in the freedom of managing it. With shared hosting, all resources are distributed between the different users of the hosting solution and it is our teams that fully maintain the solution. You cannot customize it.
A VPS, on the other hand, offers a dedicated environment. By definition, it is a virtual server that is cut from a physical machine, so you have allocated hosting space. You can add resources depending on how your activity develops. Both solutions are hosted in our own data centers and are available worldwide.