Docker Swarm is a container orchestration tool that allows users to manage a cluster of Docker engines. It provides high availability and scalability for applications, while also offering simplicity in deployment and management. With features like Swarm Mode and Services, users can easily activate and define different types of nodes with specific roles, such as Manager Nodes for leader election and Worker Nodes for task execution. Additionally, Swarm provides service discovery, load balancing, networking capabilities, scaling and updating services, security features like TLS encryption and secrets management, as well as storage and volume management options for persistent storage needs.