Optimizing Laravel Performance: Addressing Slowdowns with Large Datasets

I am currently working on a project using Laravel, and I have encountered performance issues as the dataset grows. Specifically, my application is experiencing noticeable slowdowns, particularly when interacting with a table containing approximately 23,000 entries—this is the lead table.

As new data continues to accumulate, I find that the application often becomes unresponsive, requiring significant wait times for actions that should be executed promptly.

I am seeking guidance on strategies or best practices to optimize the performance of my Laravel application in this context. Any suggestions regarding database optimization, indexing, or caching techniques would be greatly appreciated. Thank you for your assistance!