diff --git a/constraints.txt b/constraints.txt
index 4fdec840b57..9d055e5a01d 100644
--- a/constraints.txt
+++ b/constraints.txt
@@ -1,5 +1,5 @@
 # Openvino
-openvino==2024.2.0
+openvino==2024.3.0
 
 # Pytorch
 torch==2.3.0
diff --git a/docs/Installation.md b/docs/Installation.md
index 2215a1025d7..214cf2e5564 100644
--- a/docs/Installation.md
+++ b/docs/Installation.md
@@ -43,7 +43,8 @@ as well as the supported versions of Python:
 
 | NNCF      | OpenVINO   | PyTorch  | ONNX     | TensorFlow | Python |
 |-----------|------------|----------|----------|------------|--------|
-| `develop` | `2024.2.0` | `2.3.0`  | `1.16.0` | `2.15.1`   | `3.8`* |
+| `develop` | `2024.3.0` | `2.3.0`  | `1.16.0` | `2.15.1`   | `3.8`* |
+| `2.12.0`  | `2024.3.0` | `2.3.0`  | `1.16.0` | `2.15.1`   | `3.8`* |
 | `2.11.0`  | `2024.2.0` | `2.3.0`  | `1.16.0` | `2.12.0`   | `3.8`  |
 | `2.10.0`  | `2024.1.0` | `2.2.1`  | `1.16.0` | `2.12.0`   | `3.8`  |
 | `2.9.0`   | `2024.0.0` | `2.1.2`  | `1.13.1` | `2.12.0`   | `3.8`  |
diff --git a/examples/llm_compression/openvino/tiny_llama_find_hyperparams/requirements.txt b/examples/llm_compression/openvino/tiny_llama_find_hyperparams/requirements.txt
index 4fdb09a42fc..8006b47e464 100644
--- a/examples/llm_compression/openvino/tiny_llama_find_hyperparams/requirements.txt
+++ b/examples/llm_compression/openvino/tiny_llama_find_hyperparams/requirements.txt
@@ -1,6 +1,6 @@
 datasets
 whowhatbench @ git+https://github.com/andreyanufr/who_what_benchmark.git
 numpy>=1.23.5
-openvino==2024.2
+openvino==2024.3
 optimum-intel[openvino]>=1.13.0
 transformers>=4.35.2
diff --git a/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt b/examples/post_training_quantization/onnx/mobilenet_v2/requirements.txt
index 0d496a7f91d..f3b4e2fea66 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==1.16.0
 onnxruntime==1.17.1
-openvino==2024.2
+openvino==2024.3
diff --git a/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt b/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt
index a342f7ddd4b..fac6de7326d 100644
--- a/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt
+++ b/examples/post_training_quantization/onnx/yolov8_quantize_with_accuracy_control/requirements.txt
@@ -1,3 +1,3 @@
 ultralytics==8.0.170
 onnx==1.16.0
-openvino==2024.2
+openvino==2024.3
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 86fc11fa2e5..055c6b90034 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==2024.2
+openvino==2024.3
diff --git a/examples/post_training_quantization/openvino/mobilenet_v2/requirements.txt b/examples/post_training_quantization/openvino/mobilenet_v2/requirements.txt
index db31dc135f7..52503386460 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==2024.2
+openvino==2024.3
diff --git a/examples/post_training_quantization/openvino/yolov8/requirements.txt b/examples/post_training_quantization/openvino/yolov8/requirements.txt
index 5e8e6563b35..3cd424be136 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==2024.2
+openvino==2024.3
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 5e8e6563b35..3cd424be136 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==2024.2
+openvino==2024.3
diff --git a/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt b/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt
index 53c7fd67f48..b4c21a5026b 100644
--- a/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt
+++ b/examples/post_training_quantization/tensorflow/mobilenet_v2/requirements.txt
@@ -2,4 +2,4 @@ tensorflow~=2.12.0; python_version < '3.9'
 tensorflow~=2.15.1; python_version >= '3.9'
 tensorflow-datasets
 tqdm
-openvino==2024.2
+openvino==2024.3
diff --git a/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt b/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt
index a2ab8d3499a..5fee9a504e7 100644
--- a/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt
+++ b/examples/post_training_quantization/torch/mobilenet_v2/requirements.txt
@@ -1,5 +1,5 @@
 fastdownload==0.0.7
-openvino==2024.2
+openvino==2024.3
 scikit-learn
 torch==2.3.0
 torchvision==0.18.0
diff --git a/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt b/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
index a1f730a5f17..9043dbc0d70 100644
--- a/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
+++ b/examples/post_training_quantization/torch/ssd300_vgg16/requirements.txt
@@ -1,6 +1,6 @@
 fastdownload==0.0.7
 onnx==1.16.0
-openvino==2024.2
+openvino==2024.3
 pycocotools==2.0.7
 torch==2.3.0
 torchmetrics==1.0.1
diff --git a/examples/quantization_aware_training/torch/resnet18/requirements.txt b/examples/quantization_aware_training/torch/resnet18/requirements.txt
index ad52e98de83..502f833bcf1 100644
--- a/examples/quantization_aware_training/torch/resnet18/requirements.txt
+++ b/examples/quantization_aware_training/torch/resnet18/requirements.txt
@@ -1,4 +1,4 @@
 fastdownload==0.0.7
-openvino==2024.2
+openvino==2024.3
 torch==2.3.0
 torchvision==0.18.0