diff --git a/pom.xml b/pom.xml
index 6c00cf8f6..b8eab36d6 100644
--- a/pom.xml
+++ b/pom.xml
@@ -55,7 +55,7 @@
     <github.global.server>github</github.global.server>
     <site.installationModule>google-cloud-bigquery-parent</site.installationModule>
     <google-api-services-bigquery.version>v2-rev20230812-2.0.0</google-api-services-bigquery.version>
-    <google.cloud.shared-dependencies.version>3.15.0</google.cloud.shared-dependencies.version>
+    <google.cloud.shared-dependencies.version>3.16.1</google.cloud.shared-dependencies.version>
     <arrow.version>12.0.1</arrow.version>
   </properties>