Data in MySQL is stored in files (or memory) using a variety of different techniques. Each of these techniques employ different storage mechanisms, indexing facilities, locking levels and ultimately provide a range of different functions and capabilities. By choosing a different technique you can gain additional speed or functionality benefits that will improve the overall functionality of your application.
For example, if you work with a large amount of temporary data, you may want to make use of the MEMORY storage engine, which stores all of the table data in memory. Alternatively, you may want a database that supports transactions (to ensure data resilience).
Each of these different techniques and suites of functionality within the MySQL system is referred to as a storage engine (also known as a table type). By default, MySQL comes with a number of different storage engines pre-configured and enabled in the MySQL server.
You can determine a list of engines by using the show engines command within MySQL:
mysql> show engines;
+------------+---------+------------------------------------------------------------+
| Engine     | Support | Comment                                                    |
+------------+---------+------------------------------------------------------------+
| MyISAM     | DEFAULT | Default engine as of MySQL 3.23 with great performance     |
| HEAP       | YES     | Alias for MEMORY                                           |
| MEMORY     | YES     | Hash based, stored in memory, useful for temporary tables  |
| MERGE      | YES     | Collection of identical MyISAM tables                      |
| MRG_MYISAM | YES     | Alias for MERGE                                            |
| ISAM       | NO      | Obsolete storage engine, now replaced by MyISAM            |
| MRG_ISAM   | NO      | Obsolete storage engine, now replaced by MERGE             |
| InnoDB     | YES     | Supports transactions, row-level locking, and foreign keys |
| INNOBASE   | YES     | Alias for INNODB                                           |
| BDB        | NO      | Supports transactions and page-level locking               |
| BERKELEYDB | NO      | Alias for BDB                                              |
| NDBCLUSTER | NO      | Clustered, fault-tolerant, memory-based tables             |
| NDB        | NO      | Alias for NDBCLUSTER                                       |
| EXAMPLE    | NO      | Example storage engine                                     |
| ARCHIVE    | NO      | Archive storage engine                                     |
| CSV        | NO      | CSV storage engine                                         |
+------------+---------+------------------------------------------------------------+