diff --git a/examples/Makefile b/examples/Makefile
index b40a8c1773..896e804699 100644
--- a/examples/Makefile
+++ b/examples/Makefile
@@ -1,5 +1,5 @@
 # renovate: datasource=github-tags depName=jaegertracing/jaeger-operator
-JAEGER_VERSION ?= v1.47.0
+JAEGER_VERSION ?= v1.48.0
 TOOLKIT_NAMESPACE ?= keptn-lifecycle-toolkit-system
 PODTATO_NAMESPACE ?= podtato-kubectl
 GRAFANA_PORT_FORWARD ?= 3000
diff --git a/examples/support/observability/Makefile b/examples/support/observability/Makefile
index 1372e65793..58e51c9e12 100644
--- a/examples/support/observability/Makefile
+++ b/examples/support/observability/Makefile
@@ -1,5 +1,5 @@
 # renovate: datasource=github-tags depName=jaegertracing/jaeger-operator
-JAEGER_VERSION ?= v1.47.0
+JAEGER_VERSION ?= v1.48.0
 TOOLKIT_NAMESPACE ?= keptn-lifecycle-toolkit-system
 PODTATO_NAMESPACE ?= podtato-kubectl
 GRAFANA_PORT_FORWARD ?= 3000