The speed of reading a large text file in Python can depend on various factors, including the size of the file, the available memory, and the characteristics of the storage medium. Here are several methods to efficiently read a large text file in Python:

Read Line by Line (Iterating Over File Object):

with open('large_file.txt', 'r') as file:
    for line in file:
        # Process each line as needed

Read All Lines into a List:

with open('large_file.txt', 'r') as file:
    lines = file.readlines()

for line in lines:
    # Process each line as needed

Reading all lines into a list may be faster if you need random access to lines, but it can consume more memory.

Read in Chunks (Fixed Size):

chunk_size = 4096  # Adjust the chunk size as needed
with open('large_file.txt', 'r') as file:
    while chunk := file.read(chunk_size):
        # Process each chunk as needed

Reading the file in fixed-size chunks can be beneficial for large files, especially when memory usage is a concern.

Using islice for Limited Iteration:

from itertools import islice

chunk_size = 4096  # Adjust the chunk size as needed
with open('large_file.txt', 'r') as file:
    for chunk in iter(lambda: list(islice(file, chunk_size)), []):
        # Process each chunk as needed

This approach combines fixed-size chunk reading with the islice function from the itertools module.

Using mmap for Memory-Mapped Files:

import mmap

with open('large_file.txt', 'r') as file:
    with mmap.mmap(file.fileno(), 0, access=mmap.ACCESS_READ) as mmapped_file:
        # Process mmapped_file as needed

Memory-mapping allows you to access the file as if it were an array in memory, potentially offering performance benefits.

Choose the method that best fits your specific use case and requirements. Experimenting with different approaches and measuring performance on your specific system and data can help determine the most efficient solution for your scenario.

Following code will help you benchmark each method and figure out which is the optimal method for your files.

import timeit

def read_line_by_line(file_path):
    with open(file_path, 'r') as file:
        for line in file:
            pass

def read_all_lines(file_path):
    with open(file_path, 'r') as file:
        lines = file.readlines()
        for line in lines:
            pass

def read_in_chunks(file_path, chunk_size):
    with open(file_path, 'r') as file:
        while chunk := file.read(chunk_size):
            pass

def benchmark(method, file_path, chunk_size=None, iterations=3):
    setup = f"from __main__ import {method}; file_path = '{file_path}'"
    stmt = f"{method}(file_path)"
    if chunk_size is not None:
        stmt = f"{method}(file_path, {chunk_size})"
    
    time_taken = timeit.timeit(stmt, setup, number=iterations)
    avg_time = time_taken / iterations
    return avg_time

file_path = 'large_file.txt'  # Replace with the actual file path
chunk_size = 4096  # Adjust the chunk size as needed

# Benchmark each method
line_by_line_time = benchmark('read_line_by_line', file_path)
all_lines_time = benchmark('read_all_lines', file_path)
in_chunks_time = benchmark('read_in_chunks', file_path, chunk_size)

# Display results
print(f"Read Line by Line: {line_by_line_time} seconds")
print(f"Read All Lines: {all_lines_time} seconds")
print(f"Read in Chunks ({chunk_size} bytes): {in_chunks_time} seconds")

Replace 'large_file.txt' with the actual path to your large file. The chunk_size can be adjusted based on your preferences.

Remember that benchmark results can vary across different systems and file types. It’s recommended to test on your specific use case to determine the most efficient method for your scenario.