diff --git a/app/javascript/components/AeInlineMethod/NamespaceSelector.jsx b/app/javascript/components/AeInlineMethod/NamespaceSelector.jsx
index ac0a620b893..3b8337229ff 100644
--- a/app/javascript/components/AeInlineMethod/NamespaceSelector.jsx
+++ b/app/javascript/components/AeInlineMethod/NamespaceSelector.jsx
@@ -1,6 +1,8 @@
-import React, { useState, useEffect } from 'react';
+import React, { useState } from 'react';
 import PropTypes from 'prop-types';
+import { useQuery } from 'react-query';
 import { Loading } from 'carbon-components-react';
+import { debounce } from 'lodash';
 import FilterNamespace from './FilterNamespace';
 import MiqDataTable from '../miq-data-table';
 import NotificationMessage from '../notification-message';
@@ -10,93 +12,90 @@ import {
 } from './helper';
 import './style.scss';
 
-/** Component to search and select AeMethods. */
 const NamespaceSelector = ({ onSelectMethod, selectedIds }) => {
-  const [data, setData] = useState({
-    domains: [],
-    methods: [],
-    loading: true,
-    searchText: undefined,
-    selectedDomain: undefined,
-  });
+  const [filterData, setFilterData] = useState({ searchText: '', selectedDomain: '' });
 
-  /** Function to update the component state data. */
-  const updateData = (updatedData) => setData({ ...data, ...updatedData });
+  /** Loads the domains and stores in domainData for 60 seconds. */
+  const { data: domainsData, isLoading: domainsLoading } = useQuery(
+    'domainsData',
+    async() => (await http.get(namespaceUrls.aeDomainsUrl)).domains,
+    {
+      staleTime: 60000,
+    }
+  );
 
-  /** Loads the 'domains' and 'methods' from its respective URL's during the component's onLoad event. */
-  useEffect(() => {
-    Promise.all([
-      http.get(namespaceUrls.aeDomainsUrl),
-      http.get(namespaceUrls.aeMethodsUrl)])
-      .then(([{ domains }, { methods }]) => updateData({ loading: false, domains, methods: formatMethods(methods) }));
-  }, []);
+  /** Loads the methods and stores in methodsData for 60 seconds.
+   * If condition works on page load
+   * Else part would work if there is a change in filterData.
+   */
+  const { data, isLoading: methodsLoading } = useQuery(
+    ['methodsData', filterData.searchText, filterData.selectedDomain],
+    async() => {
+      if (!filterData.searchText && !filterData.selectedDomain) {
+        const response = await http.get(namespaceUrls.aeMethodsUrl);
+        return formatMethods(response.methods);
+      }
+      const url = searchUrl(filterData.selectedDomain, filterData.searchText);
+      const response = await http.get(url);
+      return formatMethods(response.methods);
+    },
+    {
+      keepPreviousData: true,
+      refetchOnWindowFocus: false,
+      staleTime: 60000,
+    }
+  );
 
-  const retrieveMethods = async(url) => {
-    const response = await http.get(url);
-    return response.methods;
-  };
+  /** Debounce the search text by delaying the text input provided to the API. */
+  const debouncedSearch = debounce((newFilterData) => {
+    setFilterData(newFilterData);
+  }, 300);
 
-  /** Function to handle search text and drop-down item onchange events. */
-  const onSearch = async(filterData) => {
-    updateData({ loading: true });
-    const searchText = filterData.searchText ? filterData.searchText : data.searchText;
-    const selectedDomain = filterData.selectedDomain ? filterData.selectedDomain : data.selectedDomain;
-    const url = searchUrl(selectedDomain, searchText);
-    try {
-      const methods = await retrieveMethods(url);
-      updateData({
-        loading: false,
-        selectedDomain,
-        searchText,
-        methods: formatMethods(methods),
-      });
-    } catch (error) {
-      console.error('Error retrieving methods:', error);
-      updateData({ loading: false }); // Update loading state even if there's an error
-    }
-  };
+  /** Function to handle the onSearch event during a filter change event. */
+  const onSearch = (newFilterData) => debouncedSearch(newFilterData);
 
-  /** Function to handle the click events for the list. */
+  /** Function to handle the click event of a cell in the data table. */
   const onCellClick = (selectedRow, cellType, checked) => {
     const selectedItems = cellType === CellAction.selectAll
-      ? data.methods.map((item) => item.id)
+      ? data && data.map((item) => item.id)
       : [selectedRow];
     onSelectMethod({ selectedItems, cellType, checked });
   };
 
-  /** Function to render the contents of the list. */
-  const renderContents = () => (data.methods && data.methods.length > 0
-    ? (
+  const renderContents = () => {
+    if (!data || data.length === 0) {
+      return <NotificationMessage type="info" message={__('No methods available.')} />;
+    }
+
+    return (
       <MiqDataTable
         headers={methodSelectorHeaders}
         stickyHeader
-        rows={data.methods}
+        rows={data}
         mode="miq-inline-method-list"
         rowCheckBox
         sortable={false}
         gridChecks={selectedIds}
         onCellClick={(selectedRow, cellType, event) => onCellClick(selectedRow, cellType, event.target.checked)}
       />
-    )
-    : <NotificationMessage type="error" message={__('No methods available.')} />);
+    );
+  };
 
   return (
     <div className="inline-method-selector">
-      <FilterNamespace domains={data.domains} onSearch={(filterData) => onSearch(filterData)} />
+      <FilterNamespace domains={domainsData} onSearch={onSearch} />
       <div className="inline-contents-wrapper">
-        {
-          data.loading
-            ? <Loading active small withOverlay={false} className="loading" />
-            : renderContents()
-        }
+        {(domainsLoading || methodsLoading)
+          ? <Loading active small withOverlay={false} className="loading" />
+          : renderContents()}
       </div>
     </div>
   );
 };
 
-export default NamespaceSelector;
-
 NamespaceSelector.propTypes = {
   onSelectMethod: PropTypes.func.isRequired,
   selectedIds: PropTypes.arrayOf(PropTypes.any).isRequired,
 };
+
+export default NamespaceSelector;
diff --git a/app/javascript/components/AeInlineMethod/index.jsx b/app/javascript/components/AeInlineMethod/index.jsx
index adabaf247d3..05a152b1a09 100644
--- a/app/javascript/components/AeInlineMethod/index.jsx
+++ b/app/javascript/components/AeInlineMethod/index.jsx
@@ -1,4 +1,5 @@
 import React, { useState } from 'react';
+import { QueryClient, QueryClientProvider } from 'react-query';
 import PropTypes from 'prop-types';
 import {
   Modal, Button, ModalBody, Accordion, AccordionItem,
@@ -12,6 +13,8 @@ import { formatListMethods, methodListHeaders, namespaceUrls } from './helper';
 
 /** Component to render a tree and to select an embedded method. */
 const AeInlineMethod = ({ type }) => {
+  const queryClient = new QueryClient();
+
   const [data, setData] = useState({
     isModalOpen: false,
     selectedIds: [],
@@ -80,10 +83,12 @@ const AeInlineMethod = ({ type }) => {
         {
           data.isModalOpen
                && (
-                 <NamespaceSelector
-                   onSelectMethod={({ selectedItems, cellType, checked }) => onSelectMethod(selectedItems, cellType, checked)}
-                   selectedIds={data.selectedIds}
-                 />
+                 <QueryClientProvider client={queryClient}>
+                   <NamespaceSelector
+                     onSelectMethod={({ selectedItems, cellType, checked }) => onSelectMethod(selectedItems, cellType, checked)}
+                     selectedIds={data.selectedIds}
+                   />
+                 </QueryClientProvider>
                )
         }
       </ModalBody>
diff --git a/package.json b/package.json
index 2f12a67e0d3..0ac5c314af8 100644
--- a/package.json
+++ b/package.json
@@ -76,6 +76,7 @@
     "jquery-ujs": "~1.2.2",
     "jquery.hotkeys": "~0.1.0",
     "jquery.observe_field": "~0.1.0",
+    "loadash": "^1.0.0",
     "lodash": "~4.17.10",
     "moment": "~2.29.4",
     "moment-duration-format": "~2.2.2",
@@ -90,6 +91,7 @@
     "react-codemirror2": "^6.0.0",
     "react-dom": "~16.13.1",
     "react-markdown": "6.0.0",
+    "react-query": "^3.39.3",
     "react-redux": "^7.1.1",
     "react-router": "~5.1.2",
     "react-router-dom": "~5.1.2",