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The word Favicon is made up of two other words: Favorite and Icon. Favicons are small, measuring only 16px by 16px, and resembles a small icon. They were first supported by Internet Explorer to identify websites that were book marked in Microsoft's Favorites folder. So, from that, we get Favorite Icon or Favicon.
A browser displays your Favicon in its address bar just before the website's URL or on the browser's website tab. The Favicon identifies the website as seen in the snapshots below.
Google Chrome browser showing Favicon on tabs. The URL shows security lock.
Internet Explorer showing Favicon in address bar and website tab.
Here is a random list of reasons for having a Favicon for your website:
Favicons are priced at $35 each.
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