diff --git a/pyproject.toml b/pyproject.toml
index f555f283653..5e921cbe017 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -83,7 +83,7 @@ xpu = [
     "timm==1.0.3",
     "openvino==2024.3",
     "openvino-dev==2024.3",
-    "openvino-model-api==0.2.2.2",
+    "openvino-model-api==0.2.5",
     "onnx==1.16.2",
     "onnxconverter-common==1.14.0",
     "nncf==2.12.0",
@@ -97,7 +97,7 @@ base = [
     "timm==1.0.3",
     "openvino==2024.3",
     "openvino-dev==2024.3",
-    "openvino-model-api==0.2.2.2",
+    "openvino-model-api==0.2.5",
     "onnx==1.16.2",
     "onnxconverter-common==1.14.0",
     "nncf==2.12.0",
diff --git a/src/otx/core/exporter/exportable_code/demo/requirements.txt b/src/otx/core/exporter/exportable_code/demo/requirements.txt
index 0b693bfebd9..bac0a64ea35 100644
--- a/src/otx/core/exporter/exportable_code/demo/requirements.txt
+++ b/src/otx/core/exporter/exportable_code/demo/requirements.txt
@@ -1,3 +1,3 @@
 openvino==2024.3.0
-openvino-model-api==0.2.2.2
+openvino-model-api==0.2.5
 numpy==1.26.4