Yes, Laravel provides support for popular caching backends like Memcached and Redis.
By default, Laravel is configured to use file cache driver, which is used to store the serialized or cached objects in the file system. For huge projects, it is suggested to use Memcached or Redis.
If you like this question & answer and want to contribute, then write your question & answer and email to freewebmentor[@]gmail.com. Your question and answer will appear on FreeWebMentor.com and help other developers.