A view is a virtual table whose contents are defined by a stored SQL query. Views allow users to access data from tables in a restricted and simplified manner. Views provide benefits like security, simplified querying, and maintaining data integrity when tables are updated. However, views also have limitations like potential performance issues and restrictions on updating data. Different types of views include horizontal, vertical, row/column subset, grouped, and joined views which filter and organize table data in various ways. Views can be updated under certain conditions by using features like the WITH CHECK OPTION.