A queue is a first-in, first-out (FIFO) data structure where insertion is done at the rear end and deletion is done at the front end. It can be implemented using either an array or linked list. Basic operations on a queue include enqueue, which inserts an item at the rear, and dequeue, which removes an item from the front. A circular queue addresses the issue of empty spaces in a linear queue by connecting the rear end to the front so the queue can migrate in a circular fashion.