A static IP address for a device can be assigned through manual configuration. It differs from the IP address assigned by the DHCP server as it doesn't change automatically. A static IP address can be configured for any devices like routers, tablets, smartphones, computers, and laptops. If you are hosting a website at home, it would be very helpful if you have a static IP address for your device. With the help of static IP addresses, other devices can easily contact you. The router's public IP addresses that are assigned to home and businesses are mostly dynamic ones. If you are running a business, set up static IP address would be highly beneficial for you.