Launcher apps have the functionality of changing the icon name.
I’m using the Nova Launcher app here.
Using this app, you can change the name of the icon on the home screen and app drawer.
Remember that the following steps work on both rooted and non-rooted Android devices. Let’s see the steps.
Steps to Change the Name of the Icon
Long press the icon in the app drawer or home screen.
You will see a “Pencil” icon or “Edit” option. Hit it.
In the pop-up, change the name as per your wish.
Tap the “Done” option in the pop-up.