Service Provider is a broad term which refers to any organization or company that provide any sort of services to its customers and users.
How does Service Provider works?
Service provider includes those organizations which provide any sort of services including security services, internet services, legal services, financial services, educational services etc.
There are different types of service providers. Some of these types are Internet service provider (ISP), Application service provider (ASP), Educational service providers (ESP) etc.
How and where Service Provider is used?
This term is used on organizational level.