The Collections Module is a part of programming languages like Python that provides tools for managing and organizing data. It includes specialized data structures such as lists, sets, tuples, and dictionaries, which help developers store and manipulate collections of items efficiently. This module enhances the functionality of built-in data types by offering additional features, such as Counter for counting hashable objects and defaultdict for creating dictionaries with default values. By using the Collections Module, programmers can write cleaner and more efficient code when handling groups of data.