Before more and more people purchase VPS’ instead of dedicated servers but i think now the ending era of VPS because of 2 factors.
1) The price of a dedicated server is lower and lower.
2) The price of VPS software is too high.

what u think?

I do not agree with this because dedicated server are still costly affair and VPS hosting is cheap and good low cost solution.

There is plenty of VPS software available that is free, specifically freevps. The problem is generally the free software is not nearly production ready.