An array is a collection of similar data types stored in contiguous memory locations that can be accessed using an index. Arrays allow storing multiple values in a single variable and accessing elements using simple syntax. The main types of arrays are single-dimensional and multi-dimensional arrays. Single-dimensional arrays store elements in a linear fashion while multi-dimensional arrays can represent tables or matrices by storing elements in rows and columns. Common operations on arrays include traversing elements, inserting, deleting, searching, and updating elements.