The Internet Corporation for Assigned Names and Numbers (ICANN), the internet’s main governing body, recently approved the expansion of global top-level domains (gTLDs). Currently, there are 22 domain suffixes such as .com, .net, and .org. The expansion will allow domains to end in almost any word.
New website suffixes should start appearing late in 2012 and could be categorised by subjects including industry, geography and ethnicity and include Arabic, Chinese and other scripts. Applications for new generic top-level domains will be accepted from January 12, 2012, to April 12, 2012, and the estimated evaluation fee is $185,000.
This answers the need for more gTLDs as the number of languages being used on the internet has expanded considerably and the IPv6 is already being carried out.