diff --git a/cmd/otelcorecol/go.mod b/cmd/otelcorecol/go.mod
index d867f6fdb17..50af2be6b66 100644
--- a/cmd/otelcorecol/go.mod
+++ b/cmd/otelcorecol/go.mod
@@ -54,7 +54,7 @@ require (
 	github.com/tklauser/numcpus v0.3.0 // indirect
 	github.com/yusufpapurcu/wmi v1.2.2 // indirect
 	go.opencensus.io v0.23.0 // indirect
-	go.opentelemetry.io/collector/model v0.47.0 // indirect
+	go.opentelemetry.io/collector/model v0.48.0 // indirect
 	go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc v0.31.0 // indirect
 	go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.31.0 // indirect
 	go.opentelemetry.io/contrib/zpages v0.31.0 // indirect
diff --git a/go.mod b/go.mod
index 41efc9bfe9e..be763b3f396 100644
--- a/go.mod
+++ b/go.mod
@@ -21,7 +21,7 @@ require (
 	github.com/spf13/cobra v1.4.0
 	github.com/stretchr/testify v1.7.1
 	go.opencensus.io v0.23.0
-	go.opentelemetry.io/collector/model v0.47.0
+	go.opentelemetry.io/collector/model v0.48.0
 	go.opentelemetry.io/contrib/instrumentation/google.golang.org/grpc/otelgrpc v0.31.0
 	go.opentelemetry.io/contrib/instrumentation/net/http/otelhttp v0.31.0
 	go.opentelemetry.io/contrib/zpages v0.31.0
diff --git a/go.sum b/go.sum
index 0b7f3b14fb2..106c704501c 100644
--- a/go.sum
+++ b/go.sum
@@ -67,6 +67,7 @@ github.com/bgentry/speakeasy v0.1.0/go.mod h1:+zsyZBPWlz7T6j88CTgSN5bM796AkVf0kB
 github.com/cenkalti/backoff/v4 v4.1.2 h1:6Yo7N8UP2K6LWZnW94DLVSSrbobcWdVzAYOisuDPIFo=
 github.com/cenkalti/backoff/v4 v4.1.2/go.mod h1:scbssz8iZGpm3xbr14ovlUdkxfGXNInqkPWOWmG2CLw=
 github.com/census-instrumentation/opencensus-proto v0.2.1/go.mod h1:f6KPmirojxKA12rnyqOA5BBL4O983OfeGPqjHWSTneU=
+github.com/cespare/xxhash v1.1.0 h1:a6HrQnmkObjyL+Gs60czilIUGqrzKutQD6XZog3p+ko=
 github.com/cespare/xxhash v1.1.0/go.mod h1:XrSqR1VqqWfGrhpAt58auRo0WTKS1nRRg3ghfAqPWnc=
 github.com/cespare/xxhash/v2 v2.1.1/go.mod h1:VGX0DQ3Q6kWi7AoAeZDth3/j3BFtOZR5XLFGgcrjCOs=
 github.com/cespare/xxhash/v2 v2.1.2 h1:YRXhKfTDauu4ajMg1TPgFO5jnlC2HCbmLXMcTG5cbYE=
diff --git a/versions.yaml b/versions.yaml
index ee6f2c261ea..93558919938 100644
--- a/versions.yaml
+++ b/versions.yaml
@@ -14,7 +14,7 @@
 
 module-sets:
   collector-base:
-    version: v0.47.0
+    version: v0.48.0
     modules:
       - go.opentelemetry.io/collector
       - go.opentelemetry.io/collector/cmd/builder