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Dedicated datacenter proxies are proxies that are provided and procured via virtual IP addresses hosted by massive servers all over the world. They are not tied to any actual residential address unlike residential proxies.
Private datacenter proxies are best used for tasks that require a high level of stability and speed since these proxies are more reliable. They are also provided solely for a single user, meaning that they are not shared with anyone else.
There are shared datacenter proxies and dedicated datacenter proxies. The main difference between these is that dedicated proxies are used just by you, whereas shared proxies are shared between different users, akin to residential proxies.
Datacenter proxies are cheaper than residential proxies, and they are priced by the number of IPs the user requires rather than the bandwidth used, as is the case with residential proxies.