The Singleton Pattern is a design pattern that restricts the instantiation of a class to a single instance. This is useful when exactly one object is needed to coordinate actions across the system. By ensuring that only one instance exists, it helps manage shared resources, such as database connections or configuration settings. In implementing the Singleton Pattern, a class typically provides a static method that returns the single instance. This method checks if an instance already exists; if not, it creates one. This pattern is commonly used in various programming languages and frameworks, making it a fundamental concept in software design.