360° panoramas and spherical panoramas are 2D images where you can see in every direction. Usually viewers can control the camera angle using their mouse, or via on-screen controls. These are often used to show off architectural developments, or other locations.
Rendered 360° panoramas are panoramic 2D images generated via 3D rendering. These can often be produced at a similar cost to 2-3 still renders, because the amount of 3D modeling is similar.
