Parquet is a columnar storage file format that is optimized for efficiency in both storage and processing. It supports compression and encoding schemes that significantly reduce the storage space needed and speed up data retrieval operations, making it ideal for handling large volumes of data. Unlike JSON or TSV, which are row-oriented and typically uncompressed, Parquet is designed specifically for use with big data frameworks, offering advantages in terms of performance and cost when storing and querying semi-structured data.
[References: Apache Parquet Documentation, ]
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