diff --git a/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt b/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt
index 90e7a225c68..19438721560 100644
--- a/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt
+++ b/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt
@@ -4,4 +4,4 @@ scikit-learn
 fastdownload
 onnx~=1.13.1
 onnxruntime~=1.14.1
-openvino-dev==2023.0.1
+openvino-dev==2023.1
diff --git a/examples/post_training_quantization/openvino/anomaly_stfpm_quantize_with_accuracy_control/requirements.txt b/examples/post_training_quantization/openvino/anomaly_stfpm_quantize_with_accuracy_control/requirements.txt
index ca02eb77f09..c19233c3926 100644
--- a/examples/post_training_quantization/openvino/anomaly_stfpm_quantize_with_accuracy_control/requirements.txt
+++ b/examples/post_training_quantization/openvino/anomaly_stfpm_quantize_with_accuracy_control/requirements.txt
@@ -1,2 +1,2 @@
 anomalib==0.6.0
-openvino-dev==2023.0.1
+openvino-dev==2023.1
diff --git a/examples/post_training_quantization/openvino/mobilenet_v2/requirements.txt b/examples/post_training_quantization/openvino/mobilenet_v2/requirements.txt
index 76ff07f90a8..b44e82c5d48 100644
--- a/examples/post_training_quantization/openvino/mobilenet_v2/requirements.txt
+++ b/examples/post_training_quantization/openvino/mobilenet_v2/requirements.txt
@@ -2,4 +2,4 @@ torchvision
 tqdm
 scikit-learn
 fastdownload
-openvino-dev==2023.0.1
\ No newline at end of file
+openvino-dev==2023.1
\ No newline at end of file
diff --git a/examples/post_training_quantization/openvino/yolov8/requirements.txt b/examples/post_training_quantization/openvino/yolov8/requirements.txt
index bcbac83cbd1..40613340baa 100644
--- a/examples/post_training_quantization/openvino/yolov8/requirements.txt
+++ b/examples/post_training_quantization/openvino/yolov8/requirements.txt
@@ -1,3 +1,3 @@
 ultralytics==8.0.170
 onnx>=1.12.0
-openvino-dev==2023.0.1
\ No newline at end of file
+openvino-dev==2023.1
\ No newline at end of file
diff --git a/examples/post_training_quantization/openvino/yolov8_quantize_with_accuracy_control/requirements.txt b/examples/post_training_quantization/openvino/yolov8_quantize_with_accuracy_control/requirements.txt
index bcbac83cbd1..40613340baa 100644
--- a/examples/post_training_quantization/openvino/yolov8_quantize_with_accuracy_control/requirements.txt
+++ b/examples/post_training_quantization/openvino/yolov8_quantize_with_accuracy_control/requirements.txt
@@ -1,3 +1,3 @@
 ultralytics==8.0.170
 onnx>=1.12.0
-openvino-dev==2023.0.1
\ No newline at end of file
+openvino-dev==2023.1
\ No newline at end of file
diff --git a/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt b/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt
index 210166bd8eb..ada72b9518c 100644
--- a/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt
+++ b/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt
@@ -1,4 +1,4 @@
 tensorflow~=2.12.0
 tensorflow-datasets
 tqdm
-openvino-dev==2023.0.1
+openvino-dev==2023.0.2
diff --git a/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt b/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt
index aabb54f6d66..189882bdf42 100644
--- a/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt
+++ b/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt
@@ -2,5 +2,5 @@ torchvision>=0.10.1,<0.16
 tqdm
 scikit-learn
 fastdownload
-openvino-dev==2023.0.1
+openvino-dev==2023.1
 onnx
diff --git a/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt b/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
index 27d416bc987..b3f92061890 100644
--- a/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
+++ b/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
@@ -1,5 +1,5 @@
 fastdownload
-openvino-dev==2023.0.1
+openvino-dev==2023.1
 torchmetrics==1.0.1
 pycocotools
 torchvision~=0.15.1
diff --git a/setup.py b/setup.py
index 44078324c7e..4cbc92c564c 100644
--- a/setup.py
+++ b/setup.py
@@ -139,7 +139,7 @@ def find_version(*file_paths):
 
 ONNX_EXTRAS = ["onnx~=1.13.1", "onnxruntime~=1.14.1;python_version < '3.11'"]
 
-OPENVINO_EXTRAS = ["openvino==2023.0.1"]
+OPENVINO_EXTRAS = ["openvino==2023.1"]
 
 
 EXTRAS_REQUIRE = {
diff --git a/tests/onnx/benchmarking/requirements.txt b/tests/onnx/benchmarking/requirements.txt
index 1dc7965fa6a..53ef73b9603 100644
--- a/tests/onnx/benchmarking/requirements.txt
+++ b/tests/onnx/benchmarking/requirements.txt
@@ -1,2 +1,2 @@
 pycocotools
-openvino-dev==2023.0.1
+openvino-dev==2023.1
diff --git a/tests/onnx/requirements.txt b/tests/onnx/requirements.txt
index 4d21b89518c..bf62b68561f 100644
--- a/tests/onnx/requirements.txt
+++ b/tests/onnx/requirements.txt
@@ -5,7 +5,7 @@ pytest-ordering>=0.6
 torch~=1.13.0
 torchvision~=0.14.0
 yattag>=1.14.0
-openvino-dev==2023.0.1
+openvino-dev==2023.1
 fastdownload
 scikit-learn
 # Pandas requires it for styling in e2e report generation
diff --git a/tests/torch/requirements.txt b/tests/torch/requirements.txt
index aaff3722820..7c504fc5214 100644
--- a/tests/torch/requirements.txt
+++ b/tests/torch/requirements.txt
@@ -16,4 +16,4 @@ transformers[torch]~=4.30.0
 datasets~=2.12.0
 evaluate==0.3.0
 timm==0.9.2
-openvino-dev==2023.0.1
+openvino-dev==2023.1