The plot you show seems to be what is called the control-to-output transfer function of a dc-dc converter. It characterizes in magnitude and phase the way a stimulus - \$D(s)\$ - applied to the control input propagates through the converter to form a response - \$V_{out}(s)\$. It is a transfer function, a mathematical relationship linking a response to a stimulus.
Look at the below picture which represents a simplified buck converter operated in voltage-mode control. The error voltage coming from the control section goes through the pulse-width modulator (PWM) which sets a duty ratio - \$D\$ - and controls the power stage to deliver a dc output voltage:

By adjusting the control voltage \$V_{err}\$, you directly set the duty ratio (which is a discrete value) for regulation purposes: \$V_{out}\$ is kept constant regardless of perturbations like the input voltage \$V_{in}\$ and the output current \$I_{out}\$.
Because you deal with a control system, you need to stabilize the feedback loop by selecting a crossover frequency with adequate operating margins (phase and gain). These parameters will define the speed and precision of the system when reacting to a perturbation, i.e. its response time to a step load on its output. However, before thinking about a possible compensation strategy, you need this control-to-output transfer function to see the characteristics of the system (often called the plant - Yes, like Robert) you want to stabilize. This is the formula given in the bottom of the picture from which you extract the Bode plot of the right side. From this picture, you see if your compensator will generate gain, attenuation, if it needs one or two zeroes to meet your time-domain response etc.
The Bode plot graphs in the vertical axes the magnitude and phase variations of the transfer function versus frequency which appears in the log-compressed x-axis. In your example, you have rad/s but you will see hertz (Hz) in a practical implementation, for instance when using a frequency response analyzer or FRA.
The converter I used for illustration purposes, is coming from one of the 80+ ready-made templates you can freely download from my web page. They work with the demo version of SIMPLIS and you can simulate immediately many dc-dc or ac-dc converters. Finally, if you are interested in small-signal modeling in particular, you can check my free seminars on the subject that you can download here or have a look at my last book describing transfer functions of switching converters.