diff --git a/src/plugins/intel_npu/src/al/include/intel_npu/config/runtime.hpp b/src/plugins/intel_npu/src/al/include/intel_npu/config/runtime.hpp
index 1fc3a3e20965c6..d6a01da8855a73 100644
--- a/src/plugins/intel_npu/src/al/include/intel_npu/config/runtime.hpp
+++ b/src/plugins/intel_npu/src/al/include/intel_npu/config/runtime.hpp
@@ -288,4 +288,21 @@ struct RUN_INFERENCES_SEQUENTIALLY final : OptionBase<RUN_INFERENCES_SEQUENTIALL
     }
 };
 
+//
+// CACHED_MODEL_BUFFER
+//
+struct CACHED_MODEL_BUFFER final : OptionBase<CACHED_MODEL_BUFFER, std::shared_ptr<ov::AlignedBuffer>> {
+    static std::string_view key() {
+        return ov::internal::cached_model_buffer.name();
+    }
+
+    static bool defaultValue() {
+        return nullptr;
+    }
+
+    static OptionMode mode() {
+        return OptionMode::RunTime;
+    }
+};
+
 }  // namespace intel_npu
diff --git a/src/plugins/intel_npu/src/common/include/intel_npu/common/igraph.hpp b/src/plugins/intel_npu/src/common/include/intel_npu/common/igraph.hpp
index 7e718d9172f4f7..6d35e250166503 100644
--- a/src/plugins/intel_npu/src/common/include/intel_npu/common/igraph.hpp
+++ b/src/plugins/intel_npu/src/common/include/intel_npu/common/igraph.hpp
@@ -13,15 +13,77 @@
 #include "intel_npu/utils/zero/zero_utils.hpp"
 #include "intel_npu/utils/zero/zero_wrappers.hpp"
 #include "openvino/runtime/profiling_info.hpp"
+#include "openvino/runtime/shared_buffer.hpp"
 
 namespace intel_npu {
 
+class BlobContainer {
+public:
+    virtual void* get_ptr() {
+        OPENVINO_THROW("const BlobContainer::get_ptr() method is not implemented!");
+    }
+
+    virtual size_t size() const {
+        OPENVINO_THROW("BlobContainer::size() method is not implemented!");
+    }
+
+    virtual bool release_from_memory() {
+        OPENVINO_THROW("BlobContainer::release_from_memory() method is not implemented!");
+    }
+
+    virtual ~BlobContainer() = default;
+};
+
+class BlobContainerVector : public BlobContainer {
+public:
+    BlobContainerVector(std::vector<uint8_t> blob) : _ownershipBlob(std::move(blob)) {}
+
+    void* get_ptr() override {
+        return reinterpret_cast<void*>(_ownershipBlob.data());
+    }
+
+    size_t size() const override {
+        return _ownershipBlob.size();
+    }
+
+    bool release_from_memory() override {
+        _ownershipBlob.clear();
+        _ownershipBlob.shrink_to_fit();
+        return true;
+    }
+
+private:
+    std::vector<uint8_t> _ownershipBlob;
+};
+
+class BlobContainerAlignedBuffer : public BlobContainer {
+public:
+    BlobContainerAlignedBuffer(const std::shared_ptr<ov::AlignedBuffer>& blobSO,
+                                size_t offset) : _ownershipBlob(blobSO), _offset(offset) {}
+
+    void* get_ptr() override {
+        return _ownershipBlob->get_ptr(_offset);
+    }
+
+    size_t size() const override {
+        return _ownershipBlob->size();
+    }
+
+    bool release_from_memory() override {
+        return false;
+    }
+
+private:
+    std::shared_ptr<ov::AlignedBuffer> _ownershipBlob;
+    size_t _offset;
+};
+
 class IGraph : public std::enable_shared_from_this<IGraph> {
 public:
     IGraph(ze_graph_handle_t handle,
            NetworkMetadata metadata,
            const Config& config,
-           std::optional<std::vector<uint8_t>> blob);
+           std::optional<std::unique_ptr<BlobContainer>> blobPtr);
 
     virtual void export_blob(std::ostream& stream) const = 0;
 
@@ -89,7 +151,7 @@ class IGraph : public std::enable_shared_from_this<IGraph> {
     // first inference starts running
     std::mutex _mutex;
 
-    std::vector<uint8_t> _blob;
+    std::unique_ptr<BlobContainer> _blob;
 
     uint32_t _unique_id = 0;
     uint32_t _last_submitted_id;
diff --git a/src/plugins/intel_npu/src/common/include/intel_npu/common/npu.hpp b/src/plugins/intel_npu/src/common/include/intel_npu/common/npu.hpp
index b34f2deee6c61e..b3846906644e58 100644
--- a/src/plugins/intel_npu/src/common/include/intel_npu/common/npu.hpp
+++ b/src/plugins/intel_npu/src/common/include/intel_npu/common/npu.hpp
@@ -58,7 +58,7 @@ class ICompilerAdapter {
 public:
     virtual std::shared_ptr<IGraph> compile(const std::shared_ptr<const ov::Model>& model,
                                             const Config& config) const = 0;
-    virtual std::shared_ptr<IGraph> parse(std::vector<uint8_t> network, const Config& config) const = 0;
+    virtual std::shared_ptr<IGraph> parse(std::unique_ptr<BlobContainer> blobPtr, const Config& config) const = 0;
     virtual ov::SupportedOpsMap query(const std::shared_ptr<const ov::Model>& model, const Config& config) const = 0;
 
     virtual ~ICompilerAdapter() = default;
diff --git a/src/plugins/intel_npu/src/common/src/igraph.cpp b/src/plugins/intel_npu/src/common/src/igraph.cpp
index fd5463af5eea3e..8547e47b69116d 100644
--- a/src/plugins/intel_npu/src/common/src/igraph.cpp
+++ b/src/plugins/intel_npu/src/common/src/igraph.cpp
@@ -17,7 +17,7 @@ namespace intel_npu {
 IGraph::IGraph(ze_graph_handle_t handle,
                NetworkMetadata metadata,
                const Config& config,
-               std::optional<std::vector<uint8_t>> blob)
+               std::optional<std::unique_ptr<BlobContainer>> blobPtr)
     : _handle(handle),
       _metadata(std::move(metadata)),
       _logger("IGraph", config.get<LOG_LEVEL>()) {
diff --git a/src/plugins/intel_npu/src/compiler_adapter/include/driver_compiler_adapter.hpp b/src/plugins/intel_npu/src/compiler_adapter/include/driver_compiler_adapter.hpp
index 82ababf21c147a..38e6aab1a21765 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/include/driver_compiler_adapter.hpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/include/driver_compiler_adapter.hpp
@@ -26,7 +26,7 @@ class DriverCompilerAdapter final : public ICompilerAdapter {
 
     std::shared_ptr<IGraph> compile(const std::shared_ptr<const ov::Model>& model, const Config& config) const override;
 
-    std::shared_ptr<IGraph> parse(std::vector<uint8_t> network, const Config& config) const override;
+    std::shared_ptr<IGraph> parse(std::unique_ptr<BlobContainer> blobPtr, const Config& config) const override;
 
     ov::SupportedOpsMap query(const std::shared_ptr<const ov::Model>& model, const Config& config) const override;
 
diff --git a/src/plugins/intel_npu/src/compiler_adapter/include/driver_graph.hpp b/src/plugins/intel_npu/src/compiler_adapter/include/driver_graph.hpp
index 0f426581687f65..ef70ae01cc62af 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/include/driver_graph.hpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/include/driver_graph.hpp
@@ -21,7 +21,7 @@ class DriverGraph final : public IGraph {
                 ze_graph_handle_t graphHandle,
                 NetworkMetadata metadata,
                 const Config& config,
-                std::optional<std::vector<uint8_t>> blob);
+                std::optional<std::unique_ptr<BlobContainer>> blob);
 
     void export_blob(std::ostream& stream) const override;
 
diff --git a/src/plugins/intel_npu/src/compiler_adapter/include/plugin_compiler_adapter.hpp b/src/plugins/intel_npu/src/compiler_adapter/include/plugin_compiler_adapter.hpp
index 8d2616884e7d5f..89e0b81426ef40 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/include/plugin_compiler_adapter.hpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/include/plugin_compiler_adapter.hpp
@@ -21,7 +21,7 @@ class PluginCompilerAdapter final : public ICompilerAdapter {
 
     std::shared_ptr<IGraph> compile(const std::shared_ptr<const ov::Model>& model, const Config& config) const override;
 
-    std::shared_ptr<IGraph> parse(std::vector<uint8_t> network, const Config& config) const override;
+    std::shared_ptr<IGraph> parse(std::unique_ptr<BlobContainer> blobPtr, const Config& config) const override;
 
     ov::SupportedOpsMap query(const std::shared_ptr<const ov::Model>& model, const Config& config) const override;
 
diff --git a/src/plugins/intel_npu/src/compiler_adapter/include/plugin_graph.hpp b/src/plugins/intel_npu/src/compiler_adapter/include/plugin_graph.hpp
index 2d7d9bfd429e47..5d0ab241bcd9c8 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/include/plugin_graph.hpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/include/plugin_graph.hpp
@@ -23,7 +23,7 @@ class PluginGraph final : public IGraph {
                 const std::shared_ptr<ZeroInitStructsHolder>& zeroInitStruct,
                 ze_graph_handle_t graphHandle,
                 NetworkMetadata metadata,
-                std::vector<uint8_t> blob,
+                std::unique_ptr<BlobContainer> blobPtr,
                 const Config& config);
 
     void export_blob(std::ostream& stream) const override;
diff --git a/src/plugins/intel_npu/src/compiler_adapter/include/ze_graph_ext_wrappers.hpp b/src/plugins/intel_npu/src/compiler_adapter/include/ze_graph_ext_wrappers.hpp
index 3e8c17ad13db7e..d6ba89472663a2 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/include/ze_graph_ext_wrappers.hpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/include/ze_graph_ext_wrappers.hpp
@@ -35,7 +35,7 @@ class ZeGraphExtWrappers {
                                      const std::string& buildFlags,
                                      const uint32_t& flags) const;
 
-    ze_graph_handle_t getGraphHandle(const std::vector<uint8_t>& network) const;
+    ze_graph_handle_t getGraphHandle(const uint8_t* data, size_t size) const;
 
     NetworkMetadata getNetworkMeta(ze_graph_handle_t graphHandle) const;
 
diff --git a/src/plugins/intel_npu/src/compiler_adapter/src/driver_compiler_adapter.cpp b/src/plugins/intel_npu/src/compiler_adapter/src/driver_compiler_adapter.cpp
index 9d634656db109a..37b1774bf17591 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/src/driver_compiler_adapter.cpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/src/driver_compiler_adapter.cpp
@@ -206,11 +206,13 @@ std::shared_ptr<IGraph> DriverCompilerAdapter::compile(const std::shared_ptr<con
                                          std::nullopt);
 }
 
-std::shared_ptr<IGraph> DriverCompilerAdapter::parse(std::vector<uint8_t> network, const Config& config) const {
+std::shared_ptr<IGraph> DriverCompilerAdapter::parse(std::unique_ptr<BlobContainer> blobPtr,
+                                                     const Config& config) const {
     OV_ITT_TASK_CHAIN(PARSE_BLOB, itt::domains::NPUPlugin, "DriverCompilerAdapter", "parse");
 
     _logger.debug("parse start");
-    ze_graph_handle_t graphHandle = _zeGraphExt->getGraphHandle(network);
+    ze_graph_handle_t graphHandle =
+        _zeGraphExt->getGraphHandle(reinterpret_cast<const uint8_t*>(blobPtr->get_ptr()), blobPtr->size());
     _logger.debug("parse end");
 
     OV_ITT_TASK_NEXT(PARSE_BLOB, "getNetworkMeta");
@@ -221,7 +223,7 @@ std::shared_ptr<IGraph> DriverCompilerAdapter::parse(std::vector<uint8_t> networ
                                          graphHandle,
                                          std::move(networkMeta),
                                          config,
-                                         std::optional<std::vector<uint8_t>>(std::move(network)));
+                                         std::optional<std::unique_ptr<BlobContainer>>(std::move(blobPtr)));
 }
 
 ov::SupportedOpsMap DriverCompilerAdapter::query(const std::shared_ptr<const ov::Model>& model,
diff --git a/src/plugins/intel_npu/src/compiler_adapter/src/driver_graph.cpp b/src/plugins/intel_npu/src/compiler_adapter/src/driver_graph.cpp
index 0d180f983ad3a9..0019eb1bdf17d4 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/src/driver_graph.cpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/src/driver_graph.cpp
@@ -15,8 +15,8 @@ DriverGraph::DriverGraph(const std::shared_ptr<ZeGraphExtWrappers>& zeGraphExt,
                          ze_graph_handle_t graphHandle,
                          NetworkMetadata metadata,
                          const Config& config,
-                         std::optional<std::vector<uint8_t>> blob)
-    : IGraph(graphHandle, std::move(metadata), config, std::move(blob)),
+                         std::optional<std::unique_ptr<BlobContainer>> blobPtr)
+    : IGraph(graphHandle, std::move(metadata), config, std::move(blobPtr)),
       _zeGraphExt(zeGraphExt),
       _zeroInitStruct(zeroInitStruct),
       _logger("DriverGraph", config.get<LOG_LEVEL>()) {
@@ -139,7 +139,7 @@ void DriverGraph::initialize(const Config& config) {
 }
 
 bool DriverGraph::release_blob(const Config& config) {
-    if (_blob.empty() || _zeroInitStruct->getGraphDdiTable().version() < ZE_GRAPH_EXT_VERSION_1_8 ||
+    if (_blob == nullptr || _zeroInitStruct->getGraphDdiTable().version() < ZE_GRAPH_EXT_VERSION_1_8 ||
         config.get<PERF_COUNT>()) {
         return false;
     }
@@ -152,8 +152,9 @@ bool DriverGraph::release_blob(const Config& config) {
         return false;
     }
 
-    _blob.clear();
-    _blob.shrink_to_fit();
+    if (!_blob->release_from_memory()) {
+        return false;
+    }
 
     _logger.debug("Blob is released");
 
diff --git a/src/plugins/intel_npu/src/compiler_adapter/src/plugin_compiler_adapter.cpp b/src/plugins/intel_npu/src/compiler_adapter/src/plugin_compiler_adapter.cpp
index 06d71fd1126c17..220af24b83c6c1 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/src/plugin_compiler_adapter.cpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/src/plugin_compiler_adapter.cpp
@@ -83,6 +83,7 @@ std::shared_ptr<IGraph> PluginCompilerAdapter::compile(const std::shared_ptr<con
 
     _logger.debug("compile start");
     auto networkDesc = _compiler->compile(model, config);
+    auto blobPtr = std::make_unique<BlobContainerVector>(std::move(networkDesc.compiledNetwork));
     _logger.debug("compile end");
 
     ze_graph_handle_t graphHandle = nullptr;
@@ -90,33 +91,40 @@ std::shared_ptr<IGraph> PluginCompilerAdapter::compile(const std::shared_ptr<con
     if (_zeGraphExt) {
         // Depending on the config, we may get an error when trying to get the graph handle from the compiled network
         try {
-            graphHandle = _zeGraphExt->getGraphHandle(networkDesc.compiledNetwork);
+            graphHandle =
+                _zeGraphExt->getGraphHandle(reinterpret_cast<const uint8_t*>(blobPtr->get_ptr()), blobPtr->size());
         } catch (...) {
             _logger.info("Failed to obtain the level zero graph handle. Inference requests for this model are not "
                          "allowed. Only exports are available");
         }
     }
-
     return std::make_shared<PluginGraph>(_zeGraphExt,
                                          _compiler,
                                          _zeroInitStruct,
                                          graphHandle,
                                          std::move(networkDesc.metadata),
-                                         std::move(networkDesc.compiledNetwork),
+                                         std::move(blobPtr),
                                          config);
 }
 
-std::shared_ptr<IGraph> PluginCompilerAdapter::parse(std::vector<uint8_t> network, const Config& config) const {
+std::shared_ptr<IGraph> PluginCompilerAdapter::parse(std::unique_ptr<BlobContainer> blobPtr,
+                                                     const Config& config) const {
     OV_ITT_TASK_CHAIN(PARSE_BLOB, itt::domains::NPUPlugin, "PluginCompilerAdapter", "parse");
 
     _logger.debug("parse start");
+    std::vector<uint8_t> network(blobPtr->size());
+    network.assign(reinterpret_cast<const uint8_t*>(blobPtr->get_ptr()),
+                   reinterpret_cast<const uint8_t*>(blobPtr->get_ptr()) + blobPtr->size());
     auto networkMeta = _compiler->parse(network, config);
+    network.clear();
+    network.shrink_to_fit();
     _logger.debug("parse end");
 
     ze_graph_handle_t graphHandle = nullptr;
 
     if (_zeGraphExt) {
-        graphHandle = _zeGraphExt->getGraphHandle(network);
+        graphHandle =
+            _zeGraphExt->getGraphHandle(reinterpret_cast<const uint8_t*>(blobPtr->get_ptr()), blobPtr->size());
     }
 
     return std::make_shared<PluginGraph>(_zeGraphExt,
@@ -124,7 +132,7 @@ std::shared_ptr<IGraph> PluginCompilerAdapter::parse(std::vector<uint8_t> networ
                                          _zeroInitStruct,
                                          graphHandle,
                                          std::move(networkMeta),
-                                         std::move(network),
+                                         std::move(blobPtr),
                                          config);
 }
 
diff --git a/src/plugins/intel_npu/src/compiler_adapter/src/plugin_graph.cpp b/src/plugins/intel_npu/src/compiler_adapter/src/plugin_graph.cpp
index b1658e7e0582e0..ce02e0caad8edd 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/src/plugin_graph.cpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/src/plugin_graph.cpp
@@ -15,9 +15,12 @@ PluginGraph::PluginGraph(const std::shared_ptr<ZeGraphExtWrappers>& zeGraphExt,
                          const std::shared_ptr<ZeroInitStructsHolder>& zeroInitStruct,
                          ze_graph_handle_t graphHandle,
                          NetworkMetadata metadata,
-                         std::vector<uint8_t> blob,
+                         std::unique_ptr<BlobContainer> blobPtr,
                          const Config& config)
-    : IGraph(graphHandle, std::move(metadata), config, std::optional<std::vector<uint8_t>>(std::move(blob))),
+    : IGraph(graphHandle,
+             std::move(metadata),
+             config,
+             std::optional<std::unique_ptr<BlobContainer>>(std::move(blobPtr))),
       _zeGraphExt(zeGraphExt),
       _zeroInitStruct(zeroInitStruct),
       _compiler(compiler),
@@ -31,7 +34,7 @@ PluginGraph::PluginGraph(const std::shared_ptr<ZeGraphExtWrappers>& zeGraphExt,
 }
 
 void PluginGraph::export_blob(std::ostream& stream) const {
-    stream.write(reinterpret_cast<const char*>(_blob.data()), _blob.size());
+    stream.write(reinterpret_cast<const char*>(_blob->get_ptr()), _blob->size());
 
     if (!stream) {
         _logger.error("Write blob to stream failed. Blob is broken!");
@@ -40,12 +43,14 @@ void PluginGraph::export_blob(std::ostream& stream) const {
 
     if (_logger.level() >= ov::log::Level::INFO) {
         std::uint32_t result = 1171117u;
-        for (const uint8_t* it = _blob.data(); it != _blob.data() + _blob.size(); ++it) {
+        for (const uint8_t* it = reinterpret_cast<const uint8_t*>(_blob->get_ptr());
+             it != reinterpret_cast<const uint8_t*>(_blob->get_ptr()) + _blob->size();
+             ++it) {
             result = ((result << 7) + result) + static_cast<uint32_t>(*it);
         }
 
         std::stringstream str;
-        str << "Blob size: " << _blob.size() << ", hash: " << std::hex << result;
+        str << "Blob size: " << _blob->size() << ", hash: " << std::hex << result;
         _logger.info(str.str().c_str());
     }
     _logger.info("Write blob to stream successfully.");
@@ -53,7 +58,10 @@ void PluginGraph::export_blob(std::ostream& stream) const {
 
 std::vector<ov::ProfilingInfo> PluginGraph::process_profiling_output(const std::vector<uint8_t>& profData,
                                                                      const Config& config) const {
-    return _compiler->process_profiling_output(profData, _blob, config);
+    std::vector<uint8_t> blob(_blob->size());
+    blob.assign(reinterpret_cast<const uint8_t*>(_blob->get_ptr()),
+                reinterpret_cast<const uint8_t*>(_blob->get_ptr()) + _blob->size());
+    return _compiler->process_profiling_output(profData, blob, config);
 }
 
 void PluginGraph::set_argument_value(uint32_t argi, const void* argv) const {
diff --git a/src/plugins/intel_npu/src/compiler_adapter/src/ze_graph_ext_wrappers.cpp b/src/plugins/intel_npu/src/compiler_adapter/src/ze_graph_ext_wrappers.cpp
index f6366a2509747b..5efb973351c55f 100644
--- a/src/plugins/intel_npu/src/compiler_adapter/src/ze_graph_ext_wrappers.cpp
+++ b/src/plugins/intel_npu/src/compiler_adapter/src/ze_graph_ext_wrappers.cpp
@@ -363,19 +363,15 @@ ze_graph_handle_t ZeGraphExtWrappers::getGraphHandle(std::pair<size_t, std::shar
     return graphHandle;
 }
 
-ze_graph_handle_t ZeGraphExtWrappers::getGraphHandle(const std::vector<uint8_t>& network) const {
+ze_graph_handle_t ZeGraphExtWrappers::getGraphHandle(const uint8_t* blobData, size_t blobSize) const {
     ze_graph_handle_t graphHandle;
 
-    if (network.empty()) {
+    if (blobData == nullptr || blobSize == 0) {
         OPENVINO_THROW("Empty blob");
     }
 
-    ze_graph_desc_t desc = {ZE_STRUCTURE_TYPE_GRAPH_DESC_PROPERTIES,
-                            nullptr,
-                            ZE_GRAPH_FORMAT_NATIVE,
-                            network.size(),
-                            network.data(),
-                            nullptr};
+    ze_graph_desc_t desc =
+        {ZE_STRUCTURE_TYPE_GRAPH_DESC_PROPERTIES, nullptr, ZE_GRAPH_FORMAT_NATIVE, blobSize, blobData, nullptr};
 
     _logger.debug("getGraphHandle - perform pfnCreate");
     auto result = _zeroInitStruct->getGraphDdiTable().pfnCreate(_zeroInitStruct->getContext(),
diff --git a/src/plugins/intel_npu/src/plugin/include/metrics.hpp b/src/plugins/intel_npu/src/plugin/include/metrics.hpp
index 7bce9eb0881a51..e940439d2b3611 100644
--- a/src/plugins/intel_npu/src/plugin/include/metrics.hpp
+++ b/src/plugins/intel_npu/src/plugin/include/metrics.hpp
@@ -67,7 +67,8 @@ class Metrics final {
                                                               ov::intel_npu::batch_mode.name(),
                                                               ov::hint::execution_mode.name()};
 
-    const std::vector<ov::PropertyName> _internalSupportedProperties = {ov::internal::caching_properties.name()};
+    const std::vector<ov::PropertyName> _internalSupportedProperties = {ov::internal::caching_properties.name(),
+                                                                        ov::internal::caching_with_mmap.name()};
 
     // Metric to provide a hint for a range for number of async infer requests. (bottom bound, upper bound, step)
     const std::tuple<uint32_t, uint32_t, uint32_t> _rangeForAsyncInferRequests{1u, 10u, 1u};
diff --git a/src/plugins/intel_npu/src/plugin/src/plugin.cpp b/src/plugins/intel_npu/src/plugin/src/plugin.cpp
index da425d5d01a5c3..f1291841663609 100644
--- a/src/plugins/intel_npu/src/plugin/src/plugin.cpp
+++ b/src/plugins/intel_npu/src/plugin/src/plugin.cpp
@@ -767,21 +767,31 @@ std::shared_ptr<ov::ICompiledModel> Plugin::import_model(std::istream& stream, c
             "The usage of a compiled model can lead to undefined behavior. Please use OpenVINO IR instead!");
     }
 
+    auto model_buffer = localConfig.get<CACHED_MODEL_BUFFER>();
+
     OV_ITT_TASK_NEXT(PLUGIN_IMPORT_MODEL, "parse");
 
     std::shared_ptr<ov::ICompiledModel> compiledModel;
 
     try {
-        auto compiler = getCompiler(localConfig);
+        std::unique_ptr<BlobContainer> blobPtr;
+
+        if (model_buffer == nullptr) {
+            auto compiler = getCompiler(localConfig);
 
-        auto graphSize = getFileSize(stream);
+            auto graphSize = getFileSize(stream);
 
-        std::vector<uint8_t> blob(graphSize);
-        stream.read(reinterpret_cast<char*>(blob.data()), graphSize);
-        if (!stream) {
-            OPENVINO_THROW("Failed to read data from stream!");
+            std::vector<uint8_t> blob(graphSize);
+            stream.read(reinterpret_cast<char*>(blob.data()), graphSize);
+            if (!stream) {
+                OPENVINO_THROW("Failed to read data from stream!");
+            }
+            _logger.debug("Successfully read %zu bytes into blob.", graphSize);
+
+            blobPtr = std::move(std::make_unique<BlobContainerVector>(std::move(blob)));
+        } else {
+            blobPtr = std::move(std::make_unique<BlobContainerAlignedBuffer>(model_buffer, stream.tellg()));
         }
-        _logger.debug("Successfully read %zu bytes into blob.", graphSize);
 
         auto graph = compiler->parse(std::move(blob), localConfig);
         graph->update_network_name("net" + std::to_string(_compiledModelLoadCounter++));