diff --git a/src/common/CMakeLists.txt b/src/common/CMakeLists.txt
index 74a22e6b05..78c8f6c55d 100644
--- a/src/common/CMakeLists.txt
+++ b/src/common/CMakeLists.txt
@@ -124,6 +124,7 @@ add_library(citra_common STATIC
     serialization/boost_flat_set.h
     serialization/boost_small_vector.hpp
     serialization/boost_vector.hpp
+    static_lru_cache.h
     string_literal.h
     string_util.cpp
     string_util.h
diff --git a/src/common/file_util.cpp b/src/common/file_util.cpp
index acbf79bfff..1d8b2c509d 100644
--- a/src/common/file_util.cpp
+++ b/src/common/file_util.cpp
@@ -1155,6 +1155,43 @@ std::size_t IOFile::ReadImpl(void* data, std::size_t length, std::size_t data_si
     return std::fread(data, data_size, length, m_file);
 }
 
+#ifdef _WIN32
+static std::size_t pread(int fd, void* buf, size_t count, uint64_t offset) {
+    long unsigned int read_bytes = 0;
+    OVERLAPPED overlapped = {0};
+    HANDLE file = reinterpret_cast<HANDLE>(_get_osfhandle(fd));
+
+    overlapped.OffsetHigh = static_cast<uint32_t>(offset >> 32);
+    overlapped.Offset = static_cast<uint32_t>(offset & 0xFFFF'FFFFLL);
+    SetLastError(0);
+    bool ret = ReadFile(file, buf, static_cast<uint32_t>(count), &read_bytes, &overlapped);
+
+    if (!ret && GetLastError() != ERROR_HANDLE_EOF) {
+        errno = GetLastError();
+        return std::numeric_limits<std::size_t>::max();
+    }
+    return read_bytes;
+}
+#else
+#define pread ::pread
+#endif
+
+std::size_t IOFile::ReadAtImpl(void* data, std::size_t length, std::size_t data_size,
+                               std::size_t offset) {
+    if (!IsOpen()) {
+        m_good = false;
+        return std::numeric_limits<std::size_t>::max();
+    }
+
+    if (length == 0) {
+        return 0;
+    }
+
+    DEBUG_ASSERT(data != nullptr);
+
+    return pread(fileno(m_file), data, data_size * length, offset);
+}
+
 std::size_t IOFile::WriteImpl(const void* data, std::size_t length, std::size_t data_size) {
     if (!IsOpen()) {
         m_good = false;
diff --git a/src/common/file_util.h b/src/common/file_util.h
index 1d28c48642..2a4cc70efd 100644
--- a/src/common/file_util.h
+++ b/src/common/file_util.h
@@ -294,6 +294,18 @@ public:
         return items_read;
     }
 
+    template <typename T>
+    std::size_t ReadAtArray(T* data, std::size_t length, std::size_t offset) {
+        static_assert(std::is_trivially_copyable_v<T>,
+                      "Given array does not consist of trivially copyable objects");
+
+        std::size_t items_read = ReadAtImpl(data, length, sizeof(T), offset);
+        if (items_read != length)
+            m_good = false;
+
+        return items_read;
+    }
+
     template <typename T>
     std::size_t WriteArray(const T* data, std::size_t length) {
         static_assert(std::is_trivially_copyable_v<T>,
@@ -312,6 +324,12 @@ public:
         return ReadArray(reinterpret_cast<char*>(data), length);
     }
 
+    template <typename T>
+    std::size_t ReadAtBytes(T* data, std::size_t length, std::size_t offset) {
+        static_assert(std::is_trivially_copyable_v<T>, "T must be trivially copyable");
+        return ReadAtArray(reinterpret_cast<char*>(data), length, offset);
+    }
+
     template <typename T>
     std::size_t WriteBytes(const T* data, std::size_t length) {
         static_assert(std::is_trivially_copyable_v<T>, "T must be trivially copyable");
@@ -363,6 +381,8 @@ public:
 
 private:
     std::size_t ReadImpl(void* data, std::size_t length, std::size_t data_size);
+    std::size_t ReadAtImpl(void* data, std::size_t length, std::size_t data_size,
+                           std::size_t offset);
     std::size_t WriteImpl(const void* data, std::size_t length, std::size_t data_size);
 
     bool Open();
diff --git a/src/common/static_lru_cache.h b/src/common/static_lru_cache.h
new file mode 100644
index 0000000000..0294f6120d
--- /dev/null
+++ b/src/common/static_lru_cache.h
@@ -0,0 +1,113 @@
+// Modified version of: https://www.boost.org/doc/libs/1_79_0/boost/compute/detail/lru_cache.hpp
+// Most important change is the use of an array instead of a map, so that elements are
+// statically allocated. The insert and get methods have been merged into the request method.
+// Original license:
+//
+//---------------------------------------------------------------------------//
+// Copyright (c) 2013 Kyle Lutz <kyle.r.lutz@gmail.com>
+//
+// Distributed under the Boost Software License, Version 1.0
+// See accompanying file LICENSE_1_0.txt or copy at
+// http://www.boost.org/LICENSE_1_0.txt
+//
+// See http://boostorg.github.com/compute for more information.
+//---------------------------------------------------------------------------//
+#pragma once
+
+#include <array>
+#include <list>
+#include <tuple>
+#include <utility>
+
+namespace Common {
+
+// a cache which evicts the least recently used item when it is full
+// the cache elements are statically allocated.
+template <class Key, class Value, size_t Size>
+class StaticLRUCache {
+public:
+    using key_type = Key;
+    using value_type = Value;
+    using list_type = std::list<std::pair<Key, size_t>>;
+    using array_type = std::array<Value, Size>;
+
+    StaticLRUCache() = default;
+
+    ~StaticLRUCache() = default;
+
+    size_t size() const {
+        return m_list.size();
+    }
+
+    constexpr size_t capacity() const {
+        return m_array.size();
+    }
+
+    bool empty() const {
+        return m_list.empty();
+    }
+
+    bool contains(const key_type& key) const {
+        return find(key) != m_list.end();
+    }
+
+    // Requests an element from the cache. If it is not found,
+    // the element is inserted using its key.
+    // Returns whether the element was present in the cache
+    // and a reference to the element itself.
+    std::pair<bool, value_type&> request(const key_type& key) {
+        // lookup value in the cache
+        auto i = find(key);
+        if (i == m_list.cend()) {
+            size_t next_index = size();
+            // insert item into the cache, but first check if it is full
+            if (next_index >= capacity()) {
+                // cache is full, evict the least recently used item
+                next_index = evict();
+            }
+
+            // insert the new item
+            m_list.push_front(std::make_pair(key, next_index));
+            return std::pair<bool, value_type&>(false, m_array[next_index]);
+        }
+        // return the value, but first update its place in the most
+        // recently used list
+        if (i != m_list.cbegin()) {
+            // move item to the front of the most recently used list
+            auto backup = *i;
+            m_list.erase(i);
+            m_list.push_front(backup);
+
+            // return the value
+            return std::pair<bool, value_type&>(true, m_array[backup.second]);
+        } else {
+            // the item is already at the front of the most recently
+            // used list so just return it
+            return std::pair<bool, value_type&>(true, m_array[i->second]);
+        }
+    }
+
+    void clear() {
+        m_list.clear();
+    }
+
+private:
+    typename list_type::const_iterator find(const key_type& key) const {
+        return std::find_if(m_list.cbegin(), m_list.cend(),
+                            [&key](const auto& el) { return el.first == key; });
+    }
+
+    size_t evict() {
+        // evict item from the end of most recently used list
+        typename list_type::iterator i = --m_list.end();
+        size_t evicted_index = i->second;
+        m_list.erase(i);
+        return evicted_index;
+    }
+
+private:
+    array_type m_array;
+    list_type m_list;
+};
+
+} // namespace Common
\ No newline at end of file
diff --git a/src/core/file_sys/file_backend.h b/src/core/file_sys/file_backend.h
index 43a7531a41..bf0a1b4937 100644
--- a/src/core/file_sys/file_backend.h
+++ b/src/core/file_sys/file_backend.h
@@ -86,6 +86,20 @@ public:
      */
     virtual void Flush() const = 0;
 
+    /**
+     * Whether the backend supports cached reads.
+     */
+    virtual bool AllowsCachedReads() const {
+        return false;
+    }
+
+    /**
+     * Whether the cache is ready for a specified offset and length.
+     */
+    virtual bool CacheReady(std::size_t file_offset, std::size_t length) {
+        return false;
+    }
+
 protected:
     std::unique_ptr<DelayGenerator> delay_generator;
 
diff --git a/src/core/file_sys/ivfc_archive.h b/src/core/file_sys/ivfc_archive.h
index 09a1f6afc3..0c0f7969e7 100644
--- a/src/core/file_sys/ivfc_archive.h
+++ b/src/core/file_sys/ivfc_archive.h
@@ -131,6 +131,14 @@ public:
     }
     void Flush() const override {}
 
+    bool AllowsCachedReads() const override {
+        return romfs_file->AllowsCachedReads();
+    }
+
+    bool CacheReady(std::size_t file_offset, std::size_t length) override {
+        return romfs_file->CacheReady(file_offset, length);
+    }
+
 private:
     std::shared_ptr<RomFSReader> romfs_file;
 
diff --git a/src/core/file_sys/layered_fs.h b/src/core/file_sys/layered_fs.h
index 3643be99d1..0a0dc5669d 100644
--- a/src/core/file_sys/layered_fs.h
+++ b/src/core/file_sys/layered_fs.h
@@ -53,6 +53,14 @@ public:
 
     bool DumpRomFS(const std::string& target_path);
 
+    bool AllowsCachedReads() const override {
+        return false;
+    }
+
+    bool CacheReady(std::size_t file_offset, std::size_t length) override {
+        return false;
+    }
+
 private:
     struct File;
     struct Directory {
diff --git a/src/core/file_sys/romfs_reader.cpp b/src/core/file_sys/romfs_reader.cpp
index 4c83515b37..bdfc9f62a1 100644
--- a/src/core/file_sys/romfs_reader.cpp
+++ b/src/core/file_sys/romfs_reader.cpp
@@ -1,4 +1,5 @@
 #include <algorithm>
+#include <vector>
 #include <cryptopp/aes.h>
 #include <cryptopp/modes.h>
 #include "common/archives.h"
@@ -9,17 +10,102 @@ SERIALIZE_EXPORT_IMPL(FileSys::DirectRomFSReader)
 namespace FileSys {
 
 std::size_t DirectRomFSReader::ReadFile(std::size_t offset, std::size_t length, u8* buffer) {
+    length = std::min(length, static_cast<std::size_t>(data_size) - offset);
     if (length == 0)
         return 0; // Crypto++ does not like zero size buffer
-    file.Seek(file_offset + offset, SEEK_SET);
-    std::size_t read_length = std::min(length, static_cast<std::size_t>(data_size) - offset);
-    read_length = file.ReadBytes(buffer, read_length);
-    if (is_encrypted) {
-        CryptoPP::CTR_Mode<CryptoPP::AES>::Decryption d(key.data(), key.size(), ctr.data());
-        d.Seek(crypto_offset + offset);
-        d.ProcessData(buffer, buffer, read_length);
+
+    const auto segments = BreakupRead(offset, length);
+    size_t read_progress = 0;
+
+    // Skip cache if the read is too big
+    if (segments.size() == 1 && segments[0].second > cache_line_size) {
+        length = file.ReadAtBytes(buffer, length, file_offset + offset);
+        if (is_encrypted) {
+            CryptoPP::CTR_Mode<CryptoPP::AES>::Decryption d(key.data(), key.size(), ctr.data());
+            d.Seek(crypto_offset + offset);
+            d.ProcessData(buffer, buffer, length);
+        }
+        // LOG_INFO(Service_FS, "Cache SKIP: offset={}, length={}", offset, length);
+        return length;
     }
-    return read_length;
+
+    // TODO(PabloMK7): Make cache thread safe, read the comment in CacheReady function.
+    // std::unique_lock<std::shared_mutex> read_guard(cache_mutex);
+    for (const auto& seg : segments) {
+        size_t read_size = cache_line_size;
+        size_t page = OffsetToPage(seg.first);
+        // Check if segment is in cache
+        auto cache_entry = cache.request(page);
+        if (!cache_entry.first) {
+            // If not found, read from disk and cache the data
+            read_size = file.ReadAtBytes(cache_entry.second.data(), read_size, file_offset + page);
+            if (is_encrypted && read_size) {
+                CryptoPP::CTR_Mode<CryptoPP::AES>::Decryption d(key.data(), key.size(), ctr.data());
+                d.Seek(crypto_offset + page);
+                d.ProcessData(cache_entry.second.data(), cache_entry.second.data(), read_size);
+            }
+            // LOG_INFO(Service_FS, "Cache MISS: page={}, length={}, into={}", page, seg.second,
+            //          (seg.first - page));
+        } else {
+            // LOG_INFO(Service_FS, "Cache HIT: page={}, length={}, into={}", page, seg.second,
+            //          (seg.first - page));
+        }
+        size_t copy_amount =
+            (read_size > (seg.first - page))
+                ? std::min((seg.first - page) + seg.second, read_size) - (seg.first - page)
+                : 0;
+        std::memcpy(buffer + read_progress, cache_entry.second.data() + (seg.first - page),
+                    copy_amount);
+        read_progress += copy_amount;
+    }
+    return read_progress;
+}
+
+bool DirectRomFSReader::AllowsCachedReads() const {
+    return true;
+}
+
+bool DirectRomFSReader::CacheReady(std::size_t file_offset, std::size_t length) {
+    auto segments = BreakupRead(file_offset, length);
+    if (segments.size() == 1 && segments[0].second > cache_line_size) {
+        return false;
+    } else {
+        // TODO(PabloMK7): Since the LRU cache is not thread safe, a lock must be used.
+        // However, this completely breaks the point of using a cache, because
+        // smaller reads may be blocked by bigger reads. For now, always return
+        // data being in cache to prevent the need of a lock, and only read data
+        // asynchronously if it is too big to use the cache.
+        /*
+        std::shared_lock<std::shared_mutex> read_guard(cache_mutex);
+        for (auto it = segments.begin(); it != segments.end(); it++) {
+            if (!cache.contains(OffsetToPage(it->first)))
+                return false;
+        }
+        */
+        return true;
+    }
+}
+
+std::vector<std::pair<std::size_t, std::size_t>> DirectRomFSReader::BreakupRead(
+    std::size_t offset, std::size_t length) {
+
+    std::vector<std::pair<std::size_t, std::size_t>> ret;
+
+    // Reads bigger than the cache line size will probably never hit again
+    if (length > cache_line_size) {
+        ret.push_back(std::make_pair(offset, length));
+        return ret;
+    }
+
+    size_t curr_offset = offset;
+    while (length) {
+        size_t next_page = OffsetToPage(curr_offset + cache_line_size);
+        size_t curr_page_len = std::min(length, next_page - curr_offset);
+        ret.push_back(std::make_pair(curr_offset, curr_page_len));
+        curr_offset = next_page;
+        length -= curr_page_len;
+    }
+    return ret;
 }
 
 } // namespace FileSys
diff --git a/src/core/file_sys/romfs_reader.h b/src/core/file_sys/romfs_reader.h
index 26dcb98579..28583b4139 100644
--- a/src/core/file_sys/romfs_reader.h
+++ b/src/core/file_sys/romfs_reader.h
@@ -1,11 +1,14 @@
 #pragma once
 
 #include <array>
+#include <shared_mutex>
 #include <boost/serialization/array.hpp>
 #include <boost/serialization/base_object.hpp>
 #include <boost/serialization/export.hpp>
+#include "common/alignment.h"
 #include "common/common_types.h"
 #include "common/file_util.h"
+#include "common/static_lru_cache.h"
 
 namespace FileSys {
 
@@ -18,6 +21,8 @@ public:
 
     virtual std::size_t GetSize() const = 0;
     virtual std::size_t ReadFile(std::size_t offset, std::size_t length, u8* buffer) = 0;
+    virtual bool AllowsCachedReads() const = 0;
+    virtual bool CacheReady(std::size_t file_offset, std::size_t length) = 0;
 
 private:
     template <class Archive>
@@ -48,6 +53,10 @@ public:
 
     std::size_t ReadFile(std::size_t offset, std::size_t length, u8* buffer) override;
 
+    bool AllowsCachedReads() const override;
+
+    bool CacheReady(std::size_t file_offset, std::size_t length) override;
+
 private:
     bool is_encrypted;
     FileUtil::IOFile file;
@@ -57,8 +66,23 @@ private:
     u64 crypto_offset;
     u64 data_size;
 
+    // Total cache size: 128KB
+    static constexpr size_t cache_line_size = (1 << 13); // About 8KB
+    static constexpr size_t cache_line_count = 16;
+
+    Common::StaticLRUCache<std::size_t, std::array<u8, cache_line_size>, cache_line_count> cache;
+    // TODO(PabloMK7): Make cache thread safe, read the comment in CacheReady function.
+    // std::shared_mutex cache_mutex;
+
     DirectRomFSReader() = default;
 
+    std::size_t OffsetToPage(std::size_t offset) {
+        return Common::AlignDown<std::size_t>(offset, cache_line_size);
+    }
+
+    std::vector<std::pair<std::size_t, std::size_t>> BreakupRead(std::size_t offset,
+                                                                 std::size_t length);
+
     template <class Archive>
     void serialize(Archive& ar, const unsigned int) {
         ar& boost::serialization::base_object<RomFSReader>(*this);
diff --git a/src/core/hle/service/fs/file.cpp b/src/core/hle/service/fs/file.cpp
index 15f7705ae7..62e02d2638 100644
--- a/src/core/hle/service/fs/file.cpp
+++ b/src/core/hle/service/fs/file.cpp
@@ -57,7 +57,6 @@ void File::Read(Kernel::HLERequestContext& ctx) {
     IPC::RequestParser rp(ctx);
     u64 offset = rp.Pop<u64>();
     u32 length = rp.Pop<u32>();
-    auto& buffer = rp.PopMappedBuffer();
     LOG_TRACE(Service_FS, "Read {}: offset=0x{:x} length=0x{:08X}", GetName(), offset, length);
 
     const FileSessionSlot* file = GetSessionData(ctx.Session());
@@ -76,22 +75,94 @@ void File::Read(Kernel::HLERequestContext& ctx) {
                   offset, length, backend->GetSize());
     }
 
-    IPC::RequestBuilder rb = rp.MakeBuilder(2, 2);
+    // Conventional reading if the backend does not support cache.
+    if (!backend->AllowsCachedReads()) {
+        auto& buffer = rp.PopMappedBuffer();
+        IPC::RequestBuilder rb = rp.MakeBuilder(2, 2);
+        std::unique_ptr<u8*> data = std::make_unique<u8*>(static_cast<u8*>(operator new(length)));
+        const auto read = backend->Read(offset, length, *data);
+        if (read.Failed()) {
+            rb.Push(read.Code());
+            rb.Push<u32>(0);
+        } else {
+            buffer.Write(*data, 0, *read);
+            rb.Push(RESULT_SUCCESS);
+            rb.Push<u32>(static_cast<u32>(*read));
+        }
+        rb.PushMappedBuffer(buffer);
 
-    std::vector<u8> data(length);
-    ResultVal<std::size_t> read = backend->Read(offset, data.size(), data.data());
-    if (read.Failed()) {
-        rb.Push(read.Code());
-        rb.Push<u32>(0);
-    } else {
-        buffer.Write(data.data(), 0, *read);
-        rb.Push(RESULT_SUCCESS);
-        rb.Push<u32>(static_cast<u32>(*read));
+        std::chrono::nanoseconds read_timeout_ns{backend->GetReadDelayNs(length)};
+        ctx.SleepClientThread("file::read", read_timeout_ns, nullptr);
+        return;
     }
-    rb.PushMappedBuffer(buffer);
 
-    std::chrono::nanoseconds read_timeout_ns{backend->GetReadDelayNs(length)};
-    ctx.SleepClientThread("file::read", read_timeout_ns, nullptr);
+    struct AsyncData {
+        // Input
+        u32 length;
+        u64 offset;
+        std::chrono::steady_clock::time_point pre_timer;
+        bool cache_ready;
+
+        // Output
+        ResultCode ret{0};
+        Kernel::MappedBuffer* buffer;
+        std::unique_ptr<u8*> data;
+        size_t read_size;
+    };
+
+    auto async_data = std::make_shared<AsyncData>();
+    async_data->buffer = &rp.PopMappedBuffer();
+    async_data->length = length;
+    async_data->offset = offset;
+    async_data->cache_ready = backend->CacheReady(offset, length);
+    if (!async_data->cache_ready) {
+        async_data->pre_timer = std::chrono::steady_clock::now();
+    }
+
+    // LOG_DEBUG(Service_FS, "cache={}, offset={}, length={}", cache_ready, offset, length);
+    ctx.RunAsync(
+        [this, async_data](Kernel::HLERequestContext& ctx) {
+            async_data->data =
+                std::make_unique<u8*>(static_cast<u8*>(operator new(async_data->length)));
+            const auto read =
+                backend->Read(async_data->offset, async_data->length, *async_data->data);
+            if (read.Failed()) {
+                async_data->ret = read.Code();
+                async_data->read_size = 0;
+            } else {
+                async_data->ret = RESULT_SUCCESS;
+                async_data->read_size = *read;
+            }
+
+            const auto read_delay = static_cast<s64>(backend->GetReadDelayNs(async_data->length));
+            if (!async_data->cache_ready) {
+                const auto time_took = std::chrono::duration_cast<std::chrono::nanoseconds>(
+                                           std::chrono::steady_clock::now() - async_data->pre_timer)
+                                           .count();
+                /*
+                if (time_took > read_delay) {
+                    LOG_DEBUG(Service_FS, "Took longer! length={}, time_took={}, read_delay={}",
+                              async_data->length, time_took, read_delay);
+                }
+                */
+                return static_cast<s64>((read_delay > time_took) ? (read_delay - time_took) : 0);
+            } else {
+                return static_cast<s64>(read_delay);
+            }
+        },
+        [async_data](Kernel::HLERequestContext& ctx) {
+            IPC::RequestBuilder rb(ctx, 0x0802, 2, 2);
+            if (async_data->ret.IsError()) {
+                rb.Push(async_data->ret);
+                rb.Push<u32>(0);
+            } else {
+                async_data->buffer->Write(*async_data->data, 0, async_data->read_size);
+                rb.Push(RESULT_SUCCESS);
+                rb.Push<u32>(static_cast<u32>(async_data->read_size));
+            }
+            rb.PushMappedBuffer(*async_data->buffer);
+        },
+        !async_data->cache_ready);
 }
 
 void File::Write(Kernel::HLERequestContext& ctx) {