PHP is one of the most popular server side scripting languages which are widely used for creating websites. With faster turn-around time, enhanced security and affordability, PHP has become preferred choice of the website developers.
PHP results in faster site loading speeds. PHP codes runs much faster than ASP because it runs in its own memory space while ASP uses an overhead server and a COM based architecture.
PHP is open source, so the cost associated with software licensing is zero. Remaining everything is with the 3rd party development tools. The hosting can be done on any platform i.e. Windows or Linux. Development cost with PHP is lesser than other technologies.
PHP based frameworks and tools are extensively used in the market for better performance and rapid development. Some of the tools are WordPress and Zoomla.