DynamoDB is a fully managed NoSQL database that provides single-digit millisecond performance, durable storage, automatic multi-region and multi-master replication, with built-in security and backup capabilities. It supports key-value and document data models, and can scale to handle internet-scale applications. DynamoDB offers features like on-demand capacity, auto scaling of throughput, secondary indexes, transactions, backup and restore functionality, integration with DAX for caching, and streams for integration with Lambda functions. Security features include encryption at rest, IAM policies, and VPC networking capabilities.