Cyberspace also provide the Managed web Hosting. In Managed Hosting Services the user gets his/ her own Web server but is not allowed full control over it. They are allowed to manage their data via FTP or other remote management tools. But user is disallowed full control so that the we can guarantee quality of service by not allowing the user to modify the server or potentially create configuration problems.
In Managed Web Hosting user typically does not OWN the server but server is leased to the client.