These Addresses either can be “Universally Managed” or “Locally Managed”. These MAC Address uses 3 kinds of number system and all follow same format. This MAC which is also called as physical address or hardware address as it literally identifies an item of hardware. MAC Address or Physical Address in Computer Networks :

A MAC also known as Machine Access Control is like a type of serial number which is assigned for every component of network adapter, No two network adapters possess same MAC address.

Let us try to deeply understand, why IP address is known as “Logical” while, MAC Address is known as “Physical” address.

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How to identify mac address on network