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A Database Management System (DBMS) is software that facilitates the efficient organization, storage, retrieval, and management of data in a structured manner. DBMS serves as a crucial tool for businesses and organizations to store and access data, ensuring data integrity, security, and scalability. It allows users to define, manipulate, and query data through a user-friendly interface, making data management more accessible. Popular DBMS types include relational databases like MySQL, NoSQL databases like MongoDB, and others, tailored to specific data needs, making them fundamental for modern information management and decision-making.