diff --git a/bazel/repository.bzl b/bazel/repository.bzl
index d3605e36bf..daa9dcd3eb 100644
--- a/bazel/repository.bzl
+++ b/bazel/repository.bzl
@@ -34,10 +34,10 @@ def opentelemetry_cpp_deps():
     maybe(
         http_archive,
         name = "com_github_google_benchmark",
-        sha256 = "1f71c72ce08d2c1310011ea6436b31e39ccab8c2db94186d26657d41747c85d6",
-        strip_prefix = "benchmark-1.6.0",
+        sha256 = "6430e4092653380d9dc4ccb45a1e2dc9259d581f4866dc0759713126056bc1d7",
+        strip_prefix = "benchmark-1.7.1",
         urls = [
-            "https://github.com/google/benchmark/archive/v1.6.0.tar.gz",
+            "https://github.com/google/benchmark/archive/v1.7.1.tar.gz",
         ],
     )
 
diff --git a/ci/ports/benchmark/CONTROL b/ci/ports/benchmark/CONTROL
deleted file mode 100644
index d82040748d..0000000000
--- a/ci/ports/benchmark/CONTROL
+++ /dev/null
@@ -1,5 +0,0 @@
-Source: benchmark
-Version: 1.5
-Homepage: https://github.com/google/benchmark
-Description: A library to support the benchmarking of functions, similar to unit-tests.
-Supports: !uwp
\ No newline at end of file
diff --git a/ci/ports/benchmark/portfile.cmake b/ci/ports/benchmark/portfile.cmake
index 6716c34312..efb5a2fce7 100644
--- a/ci/ports/benchmark/portfile.cmake
+++ b/ci/ports/benchmark/portfile.cmake
@@ -6,38 +6,31 @@ if(VCPKG_CMAKE_SYSTEM_NAME STREQUAL "WindowsStore")
 endif()
 
 # Make sure vs2019 compiled binaries are compat with vs2017
-set(VCPKG_CXX_FLAGS "/Zc:__cplusplus /d2FH4-")
-set(VCPKG_C_FLAGS "/Zc:__cplusplus /d2FH4-")
-
-include(vcpkg_common_functions)
-
 vcpkg_check_linkage(ONLY_STATIC_LIBRARY)
 
 vcpkg_from_github(
     OUT_SOURCE_PATH SOURCE_PATH
     REPO google/benchmark
-    REF v1.5.0
-    SHA512 a0df9aa3d03f676e302c76d83b436de36eea0a8517ab50a8f5a11c74ccc68a1f5128fa02474901002d8e6b5a4d290ef0272a798ff4670eab3e2d78dc86bb6cd3
+    REF v1.7.1
+    SHA512 396af1c1d3eaa2b78c6d23b1472f6088db85a294056ae1c2366dc5c0becdc8f141ba8fc3a235033324ab0a41c2298f5d242ef09b9b6f69d9877de6bcb2062efd
     HEAD_REF master
 )
 
-vcpkg_configure_cmake(
+vcpkg_cmake_configure(
     SOURCE_PATH ${SOURCE_PATH}
-    PREFER_NINJA
     OPTIONS
         -DBENCHMARK_ENABLE_TESTING=OFF
-        -DCMAKE_DEBUG_POSTFIX=d
 )
 
-vcpkg_install_cmake()
-
+vcpkg_cmake_install()
 vcpkg_copy_pdbs()
 
-vcpkg_fixup_cmake_targets(CONFIG_PATH lib/cmake/benchmark)
+vcpkg_cmake_config_fixup(CONFIG_PATH lib/cmake/benchmark)
+
+vcpkg_fixup_pkgconfig()
 
-file(REMOVE_RECURSE ${CURRENT_PACKAGES_DIR}/debug/include)
-file(REMOVE_RECURSE ${CURRENT_PACKAGES_DIR}/debug/share)
+file(REMOVE_RECURSE "${CURRENT_PACKAGES_DIR}/debug/include")
+file(REMOVE_RECURSE "${CURRENT_PACKAGES_DIR}/debug/share")
 
 # Handle copyright
-file(COPY ${SOURCE_PATH}/LICENSE DESTINATION ${CURRENT_PACKAGES_DIR}/share/benchmark)
-file(RENAME ${CURRENT_PACKAGES_DIR}/share/benchmark/LICENSE ${CURRENT_PACKAGES_DIR}/share/benchmark/copyright)
+file(INSTALL "${SOURCE_PATH}/LICENSE" DESTINATION "${CURRENT_PACKAGES_DIR}/share/${PORT}" RENAME copyright)
diff --git a/ci/ports/benchmark/vcpkg.json b/ci/ports/benchmark/vcpkg.json
new file mode 100644
index 0000000000..605f5af9f0
--- /dev/null
+++ b/ci/ports/benchmark/vcpkg.json
@@ -0,0 +1,19 @@
+{
+    "$comment": "https://github.com/google/benchmark/issues/661 describes the missing UWP support upstream",
+    "name": "benchmark",
+    "version-semver": "1.7.1",
+    "description": "A library to support the benchmarking of functions, similar to unit-tests.",
+    "homepage": "https://github.com/google/benchmark",
+    "license": "Apache-2.0",
+    "supports": "!uwp",
+    "dependencies": [
+      {
+        "name": "vcpkg-cmake",
+        "host": true
+      },
+      {
+        "name": "vcpkg-cmake-config",
+        "host": true
+      }
+    ]
+  }
\ No newline at end of file
diff --git a/third_party/benchmark b/third_party/benchmark
index c05843a9f6..d572f47773 160000
--- a/third_party/benchmark
+++ b/third_party/benchmark
@@ -1 +1 @@
-Subproject commit c05843a9f622db08ad59804c190f98879b76beba
+Subproject commit d572f4777349d43653b21d6c2fc63020ab326db2
diff --git a/third_party_release b/third_party_release
index bffdd2137b..c8af81b0c4 100644
--- a/third_party_release
+++ b/third_party_release
@@ -16,7 +16,7 @@
 gRPC=v1.49.2
 thrift=0.14.1
 abseil=20220623.1
-benchmark=v1.5.3
+benchmark=v1.7.1
 googletest=release-1.12.1
 ms-gsl=v3.1.0-67-g6f45293
 nlohmann-json=v3.11.2