An IP Subnet is like a unique address for your website. It helps keep your website secure and stable, just like a home address helps keep your home safe and accessible.
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Dedicated IP provides more stability to the website. If your website is having good traffic, then a dedicated IP can maintain the website stability by preventing website crashing and traffic overload.
Dedicated IP helps to reduce the downtime of your website. If you are using the Shared IP, it will refresh periodically and it results in downtime. But, if your website is using dedicated IP, then you can avoid easily this issue.
Google takes IP address to find the location of the website. If your website is geo-targeted, then this will be very crucial is SEO. So, using a dedicated IP will be a great benefit for search engine rankings.