» Difference and Similarities between LinkedList and ArrayList in Java Programming Language

1) Since Array is an index based data-structure searching or getting element from Array with index is pretty fast. Array provides O(1) performance for get(index) method but remove is costly in ArrayList as you need to rearrange all elements. On the Other hand LinkedList doesn't provide Random or index based access and you need to iterate over linked list to retrieve any element which is of order O(n).

2) Insertions  are easy and fast in LinkedList as compared to ArrayList because there is no risk of resizing array and copying content to new array if array gets full which makes adding into ArrayList of O(n) in worst case, while adding is O(1) operation in LinkedList in Java. ArrayList also needs to update its index if you insert something anywhere except at the end of array.

3) Removal is like insertions better in LinkedList than ArrayList.

4) LinkedList has more memory overhead than ArrayList because in ArrayList each index only holds actual object (data) but in case of LinkedList each node holds both data and address of next  and previous node.

5) Your application can live without Random access. Because if you need nth element in LinkedList you need to first traverse up to nth element O(n) and than you get data from that node.
 

6) Your application is more insertion and deletion driver and you insert or remove more than retrieval. Since insertion or removal doesn't involve resizing its much faster than ArrayList.