What is IP Address?

An Internet Protocol (IP) address is a unique logical number assigned to a device connected in a TCP-IP Network. In a layman’s terms, it is an address for a computer in a network. Just like a house has an address for identification, a computer has to have an address to identify itself in a network.
An IP address is one of the major components of Internet communication, as it helps the device to communicate with other nodes or networks. It is generated and assigned to a device by Dynamic Host Configuration Protocol.
An IP address two parts, network and host. The network part specifies to which address the IP belongs and the host part gives the location information. In other words, the network part has details same as the street name where a house resides and host part is the same as house number.