diff --git a/spring-boot-project/spring-boot-dependencies/build.gradle b/spring-boot-project/spring-boot-dependencies/build.gradle
index 2cd2783d8c..726281ccf2 100644
--- a/spring-boot-project/spring-boot-dependencies/build.gradle
+++ b/spring-boot-project/spring-boot-dependencies/build.gradle
@@ -1688,7 +1688,7 @@ bom {
 			javadoc(version -> "https://netty.io/%s.%s/api".formatted(version.major(), version.minor()), "io.netty")
 		}
 	}
-	library("OpenTelemetry", "1.47.0") {
+	library("OpenTelemetry", "1.48.0") {
 		group("io.opentelemetry") {
 			imports = [
 				"opentelemetry-bom"