diff --git a/modules/permission-management/src/Volo.Abp.PermissionManagement.Domain/Volo/Abp/PermissionManagement/PermissionGrantCacheItem.cs b/modules/permission-management/src/Volo.Abp.PermissionManagement.Domain/Volo/Abp/PermissionManagement/PermissionGrantCacheItem.cs
index 285bc117bc..e4d3f1648e 100644
--- a/modules/permission-management/src/Volo.Abp.PermissionManagement.Domain/Volo/Abp/PermissionManagement/PermissionGrantCacheItem.cs
+++ b/modules/permission-management/src/Volo.Abp.PermissionManagement.Domain/Volo/Abp/PermissionManagement/PermissionGrantCacheItem.cs
@@ -5,7 +5,7 @@ namespace Volo.Abp.PermissionManagement
     [Serializable]
     public class PermissionGrantCacheItem
     {
-        public string Name { get; set; }
+        public string Name { get; set; } //TODO: Consider to remove this
 
         public bool IsGranted { get; set; }
 
diff --git a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo.Abp.SettingManagement.Domain.csproj b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo.Abp.SettingManagement.Domain.csproj
index d0ccb910af..8345be068a 100644
--- a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo.Abp.SettingManagement.Domain.csproj
+++ b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo.Abp.SettingManagement.Domain.csproj
@@ -18,6 +18,7 @@
 
     <ProjectReference Include="..\..\..\..\framework\src\Volo.Abp.Ddd.Domain\Volo.Abp.Ddd.Domain.csproj" />
     <ProjectReference Include="..\..\..\..\framework\src\Volo.Abp.Settings\Volo.Abp.Settings.csproj" />
+    <ProjectReference Include="..\..\..\..\framework\src\Volo.Abp.Caching\Volo.Abp.Caching.csproj" />
   </ItemGroup>
 
 </Project>
diff --git a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/AbpSettingManagementDomainModule.cs b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/AbpSettingManagementDomainModule.cs
index 9280008eac..0ddc49b076 100644
--- a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/AbpSettingManagementDomainModule.cs
+++ b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/AbpSettingManagementDomainModule.cs
@@ -1,12 +1,16 @@
-using Volo.Abp.Domain;
+using Volo.Abp.Caching;
+using Volo.Abp.Domain;
 using Volo.Abp.Modularity;
 using Volo.Abp.Settings;
 
 namespace Volo.Abp.SettingManagement
 {
-    [DependsOn(typeof(AbpSettingsModule))]
-    [DependsOn(typeof(AbpDddDomainModule))]
-    [DependsOn(typeof(AbpSettingManagementDomainSharedModule))]
+    [DependsOn(
+        typeof(AbpSettingsModule),
+        typeof(AbpDddDomainModule),
+        typeof(AbpSettingManagementDomainSharedModule), 
+        typeof(AbpCachingModule)
+        )]
     public class AbpSettingManagementDomainModule : AbpModule
     {
         
diff --git a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/Setting.cs b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/Setting.cs
index e875004e52..78e7b3e70c 100644
--- a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/Setting.cs
+++ b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/Setting.cs
@@ -4,6 +4,7 @@ using Volo.Abp.Domain.Entities;
 
 namespace Volo.Abp.SettingManagement
 {
+    //TODO: Convert to AggregateRoot
     public class Setting : Entity<Guid>
     {
         [NotNull]
diff --git a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingCacheItem.cs b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingCacheItem.cs
new file mode 100644
index 0000000000..a590775167
--- /dev/null
+++ b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingCacheItem.cs
@@ -0,0 +1,25 @@
+using System;
+
+namespace Volo.Abp.SettingManagement
+{
+    [Serializable]
+    public class SettingCacheItem
+    {
+        public string Value { get; set; }
+
+        public SettingCacheItem()
+        {
+
+        }
+
+        public SettingCacheItem(string value)
+        {
+            Value = value;
+        }
+
+        public static string CalculateCacheKey(string name, string providerName, string providerKey)
+        {
+            return "pn:" + providerName + ",pk:" + providerKey + ",n:" + name;
+        }
+    }
+}
diff --git a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingCacheItemInvalidator.cs b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingCacheItemInvalidator.cs
new file mode 100644
index 0000000000..35d358a67d
--- /dev/null
+++ b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingCacheItemInvalidator.cs
@@ -0,0 +1,34 @@
+using System.Threading.Tasks;
+using Volo.Abp.Caching;
+using Volo.Abp.DependencyInjection;
+using Volo.Abp.Domain.Entities.Events;
+using Volo.Abp.EventBus;
+
+namespace Volo.Abp.SettingManagement
+{
+    public class SettingCacheItemInvalidator : ILocalEventHandler<EntityChangedEventData<Setting>>, ITransientDependency
+    {
+        protected IDistributedCache<SettingCacheItem> Cache { get; }
+
+        public SettingCacheItemInvalidator(IDistributedCache<SettingCacheItem> cache)
+        {
+            Cache = cache;
+        }
+
+        public virtual async Task HandleEventAsync(EntityChangedEventData<Setting> eventData)
+        {
+            var cacheKey = CalculateCacheKey(
+                eventData.Entity.Name,
+                eventData.Entity.ProviderName,
+                eventData.Entity.ProviderKey
+            );
+
+            await Cache.RemoveAsync(cacheKey);
+        }
+
+        protected virtual string CalculateCacheKey(string name, string providerName, string providerKey)
+        {
+            return SettingCacheItem.CalculateCacheKey(name, providerName, providerKey);
+        }
+    }
+}
diff --git a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingStore.cs b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingStore.cs
index 0be50a921c..f95887658d 100644
--- a/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingStore.cs
+++ b/modules/setting-management/src/Volo.Abp.SettingManagement.Domain/Volo/Abp/SettingManagement/SettingStore.cs
@@ -1,6 +1,7 @@
 using System.Collections.Generic;
 using System.Linq;
 using System.Threading.Tasks;
+using Volo.Abp.Caching;
 using Volo.Abp.DependencyInjection;
 using Volo.Abp.Guids;
 using Volo.Abp.Settings;
@@ -9,49 +10,81 @@ namespace Volo.Abp.SettingManagement
 {
     public class SettingStore : ISettingStore, ITransientDependency
     {
-        private readonly ISettingRepository _settingRepository;
-        private readonly IGuidGenerator _guidGenerator;
+        protected IDistributedCache<SettingCacheItem> Cache { get; }
+        protected ISettingRepository SettingRepository { get; }
+        protected IGuidGenerator GuidGenerator { get; }
 
-        public SettingStore(ISettingRepository settingRepository, IGuidGenerator guidGenerator)
+        public SettingStore(
+            ISettingRepository settingRepository, 
+            IGuidGenerator guidGenerator, 
+            IDistributedCache<SettingCacheItem> cache)
         {
-            _settingRepository = settingRepository;
-            _guidGenerator = guidGenerator;
+            SettingRepository = settingRepository;
+            GuidGenerator = guidGenerator;
+            Cache = cache;
         }
 
         public async Task<string> GetOrNullAsync(string name, string providerName, string providerKey)
         {
-            var setting = await _settingRepository.FindAsync(name, providerName, providerKey);
-            return setting?.Value;
+            var cacheItem = await GetCacheItemAsync(name, providerName, providerKey);
+            return cacheItem.Value;
         }
 
         public async Task SetAsync(string name, string value, string providerName, string providerKey)
         {
-            var setting = await _settingRepository.FindAsync(name, providerName, providerKey);
+            var setting = await SettingRepository.FindAsync(name, providerName, providerKey);
             if (setting == null)
             {
-                setting = new Setting(_guidGenerator.Create(), name, value, providerName, providerKey);
-                await _settingRepository.InsertAsync(setting);
+                setting = new Setting(GuidGenerator.Create(), name, value, providerName, providerKey);
+                await SettingRepository.InsertAsync(setting);
             }
             else
             {
                 setting.Value = value;
-                await _settingRepository.UpdateAsync(setting);
+                await SettingRepository.UpdateAsync(setting);
             }
         }
 
         public async Task<List<SettingValue>> GetListAsync(string providerName, string providerKey)
         {
-            var settings = await _settingRepository.GetListAsync(providerName, providerKey);
+            var settings = await SettingRepository.GetListAsync(providerName, providerKey);
             return settings.Select(s => new SettingValue(s.Name, s.Value)).ToList();
         }
 
         public async Task DeleteAsync(string name, string providerName, string providerKey)
         {
-            var setting = await _settingRepository.FindAsync(name, providerName, providerKey);
+            var setting = await SettingRepository.FindAsync(name, providerName, providerKey);
             if (setting != null)
             {
-                await _settingRepository.DeleteAsync(setting);
+                await SettingRepository.DeleteAsync(setting);
             }
         }
+
+        protected virtual async Task<SettingCacheItem> GetCacheItemAsync(string name, string providerName, string providerKey)
+        {
+            var cacheKey = CalculateCacheKey(name, providerName, providerKey);
+            var cacheItem = await Cache.GetAsync(cacheKey);
+
+            if (cacheItem != null)
+            {
+                return cacheItem;
+            }
+
+            var setting = await SettingRepository.FindAsync(name, providerName, providerKey);
+
+            cacheItem = new SettingCacheItem(setting?.Value);
+
+            await Cache.SetAsync(
+                cacheKey,
+                cacheItem
+            );
+
+            return cacheItem;
+        }
+
+        protected virtual string CalculateCacheKey(string name, string providerName, string providerKey)
+        {
+            return SettingCacheItem.CalculateCacheKey(name, providerName, providerKey);
+        }
     }
 }