A deque, or double-ended queue, is a data structure that allows for the insertion and deletion of elements from both ends, making it a versatile option for handling data. This flexibility enables various applications such as implementing stacks, queues, and even certain algorithms that require efficient access to both the front and back of the data structure. Deques can be implemented using arrays or linked lists, providing both efficiency in terms of time complexity and the ability to handle dynamic size adjustments.