diff --git a/spring-boot-project/spring-boot-dependencies/build.gradle b/spring-boot-project/spring-boot-dependencies/build.gradle
index 905d1ba60d9..8fea83a4221 100644
--- a/spring-boot-project/spring-boot-dependencies/build.gradle
+++ b/spring-boot-project/spring-boot-dependencies/build.gradle
@@ -1070,7 +1070,7 @@ bom {
 			]
 		}
 	}
-	library("OpenTelemetry", "1.28.0") {
+	library("OpenTelemetry", "1.29.0") {
 		group("io.opentelemetry") {
 			imports = [
 				"opentelemetry-bom"