A memory-mapped file is a segment of virtual memory that has been assigned a direct byte-for-byte correlation with some portion of a file or file-like resource. This resource is typically a file that is physically present on disk, but can also be a device, shared memory object, or other resource that the operating system can reference through a file descriptor. Once present, this correlation between the file and the memory space permits applications to treat the mapped portion as if it were primary memory.
The primary benefit of memory mapping a file is increasing I/O performance, especially when used on large files. For small files, memory-mapped files can result in a waste of slack space as memory maps are always aligned to the page size, which is mostly 4 KiB. Therefore, a 5 KiB file will allocate 8 KiB and thus 3 KiB are wasted. Accessing memory mapped files is faster than using direct read and write operations for two reasons. Firstly, a system call is orders of magnitude slower than a simple change to a program's local memory. Secondly, in most operating systems the memory region mapped actually is the kernel's page cache (file cache), meaning that no copies need to be created in user space.
Certain application-level memory-mapped file operations also perform better than their physical file counterparts. Applications can access and update data in the file directly and in-place, as opposed to seeking from the start of the file or rewriting the entire edited contents to a temporary location. Since the memory-mapped file is handled internally in pages, linear file access (as seen, for example, in flat file data storage or configuration files) requires disk access only when a new page boundary is crossed, and can write larger sections of the file to disk in a single operation.
A possible benefit of memory-mapped files is a "lazy loading", thus using small amounts of RAM even for a very large file. Trying to load the entire contents of a file that is significantly larger than the amount of memory available can cause severe thrashing as the operating system reads from disk into memory and simultaneously writes pages from memory back to disk. Memory-mapping may not only bypass the page file completely, but the system only needs to load the smaller page-sized sections as data is being edited, similarly to demand paging scheme used for programs.