Apache Hive is a data warehousing tool built on Hadoop designed for data analysis of structured data, using a language similar to SQL called HiveQL. It executes queries on a Hadoop infrastructure, allowing it to handle large datasets, while also requiring specific configurations for effective use, such as choosing the correct execution engine and configuring the metastore. The document also details installation, data types, table management, query structure, and best practices for using Hive.