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The Maximum size= is it there by Default ? or you assign it when you create hard disk for VM ? or that represents the space left on the whole Datastore. ?
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VMware, a software company founded in 1998, was one of the first commercially successful companies to offer x86 virtualization. The storage company EMC purchased VMware in 1994. Dell Technologies acquired EMC in 2016. VMware’s parent company is now Dell Technologies. VMware has many software products that run on desktops, Microsoft Windows, Linux, and macOS, which allows the virtualizing of the x86 architecture. Its enterprise software hypervisor for servers, VMware vSphere Hypervisor (ESXi), is a bare-metal hypervisor that runs directly on the server hardware and does not require an additional underlying operating system.
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The first group of numbers, relate to Size of virtual machine disk, and the maximum size of the virtual machine disk on the current datastore. So Hard Disk 1 has a size of 25GB, and the maximum size this can be is 467.37GB on the current datastore. Same with hard disk 2, current size is 51GB, and the maximum size in this datastore it can be expanded to is 493.37GB.
(maximum is based on free space on that datastor it will change with time as you deploy and power on VMs, it's not a fixed value).
Provision Space is the current space which is in use on the datastore, not just the virtual machine disk, but all the other space the VM occupies.
Used space is how much is currently occupied.