diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 3181842b91..f045f1836e 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -13,7 +13,7 @@ rootProject.extra["versions"] = dependencyVersions
 
 val otelSdkVersion = "1.48.0"
 val otelInstrumentationAlphaVersion = "2.14.0-alpha"
-val otelInstrumentationVersion = "2.14.0"
+val otelInstrumentationVersion = "2.16.0"
 val otelContribVersion = "1.43.0"
 
 rootProject.extra["otelInstrumentationVersion"] = otelInstrumentationVersion