diff --git a/api/package.json b/api/package.json
index a82fd886b8..36cde57f3c 100644
--- a/api/package.json
+++ b/api/package.json
@@ -81,7 +81,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "unionfs": "4.4.0",
     "webpack": "4.46.0"
   },
diff --git a/experimental/backwards-compatability/node14/package.json b/experimental/backwards-compatability/node14/package.json
index 83d699ab2e..36c674d50f 100644
--- a/experimental/backwards-compatability/node14/package.json
+++ b/experimental/backwards-compatability/node14/package.json
@@ -14,7 +14,7 @@
   },
   "devDependencies": {
     "@types/node": "14.18.25",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "author": "OpenTelemetry Authors",
   "license": "Apache-2.0",
diff --git a/experimental/backwards-compatability/node16/package.json b/experimental/backwards-compatability/node16/package.json
index d21c9355bd..51ac70f3d9 100644
--- a/experimental/backwards-compatability/node16/package.json
+++ b/experimental/backwards-compatability/node16/package.json
@@ -14,7 +14,7 @@
   },
   "devDependencies": {
     "@types/node": "16.11.52",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "author": "OpenTelemetry Authors",
   "license": "Apache-2.0",
diff --git a/experimental/packages/api-events/package.json b/experimental/packages/api-events/package.json
index 9772c97ee9..15380dc02c 100644
--- a/experimental/packages/api-events/package.json
+++ b/experimental/packages/api-events/package.json
@@ -79,7 +79,7 @@
     "nyc": "15.1.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0"
   },
   "homepage": "https://github.com/open-telemetry/opentelemetry-js/tree/main/experimental/packages/api-events",
diff --git a/experimental/packages/api-logs/package.json b/experimental/packages/api-logs/package.json
index 16565f893a..08bb400a34 100644
--- a/experimental/packages/api-logs/package.json
+++ b/experimental/packages/api-logs/package.json
@@ -79,7 +79,7 @@
     "nyc": "15.1.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0"
   },
   "homepage": "https://github.com/open-telemetry/opentelemetry-js/tree/main/experimental/packages/api-logs",
diff --git a/experimental/packages/exporter-logs-otlp-grpc/package.json b/experimental/packages/exporter-logs-otlp-grpc/package.json
index 4ef6fbd753..598714f682 100644
--- a/experimental/packages/exporter-logs-otlp-grpc/package.json
+++ b/experimental/packages/exporter-logs-otlp-grpc/package.json
@@ -64,7 +64,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/experimental/packages/exporter-trace-otlp-grpc/package.json b/experimental/packages/exporter-trace-otlp-grpc/package.json
index bd9254b784..68df2919b4 100644
--- a/experimental/packages/exporter-trace-otlp-grpc/package.json
+++ b/experimental/packages/exporter-trace-otlp-grpc/package.json
@@ -61,7 +61,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/experimental/packages/exporter-trace-otlp-http/package.json b/experimental/packages/exporter-trace-otlp-http/package.json
index 887687fb0e..96530d643c 100644
--- a/experimental/packages/exporter-trace-otlp-http/package.json
+++ b/experimental/packages/exporter-trace-otlp-http/package.json
@@ -84,7 +84,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/experimental/packages/exporter-trace-otlp-proto/package.json b/experimental/packages/exporter-trace-otlp-proto/package.json
index 8149d94ca3..cf0370d680 100644
--- a/experimental/packages/exporter-trace-otlp-proto/package.json
+++ b/experimental/packages/exporter-trace-otlp-proto/package.json
@@ -74,7 +74,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/experimental/packages/opentelemetry-browser-detector/package.json b/experimental/packages/opentelemetry-browser-detector/package.json
index f9e93c7c7e..5e6e6b6c29 100644
--- a/experimental/packages/opentelemetry-browser-detector/package.json
+++ b/experimental/packages/opentelemetry-browser-detector/package.json
@@ -64,7 +64,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/experimental/packages/opentelemetry-exporter-metrics-otlp-grpc/package.json b/experimental/packages/opentelemetry-exporter-metrics-otlp-grpc/package.json
index 166cadb914..b5f71177dc 100644
--- a/experimental/packages/opentelemetry-exporter-metrics-otlp-grpc/package.json
+++ b/experimental/packages/opentelemetry-exporter-metrics-otlp-grpc/package.json
@@ -60,7 +60,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.3.0"
diff --git a/experimental/packages/opentelemetry-exporter-metrics-otlp-http/package.json b/experimental/packages/opentelemetry-exporter-metrics-otlp-http/package.json
index f931874190..13ccb25053 100644
--- a/experimental/packages/opentelemetry-exporter-metrics-otlp-http/package.json
+++ b/experimental/packages/opentelemetry-exporter-metrics-otlp-http/package.json
@@ -84,7 +84,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/experimental/packages/opentelemetry-exporter-metrics-otlp-proto/package.json b/experimental/packages/opentelemetry-exporter-metrics-otlp-proto/package.json
index 4ad465b626..9eb568c237 100644
--- a/experimental/packages/opentelemetry-exporter-metrics-otlp-proto/package.json
+++ b/experimental/packages/opentelemetry-exporter-metrics-otlp-proto/package.json
@@ -59,7 +59,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.3.0"
diff --git a/experimental/packages/opentelemetry-exporter-prometheus/package.json b/experimental/packages/opentelemetry-exporter-prometheus/package.json
index a7f203cfe9..7edd7b87be 100644
--- a/experimental/packages/opentelemetry-exporter-prometheus/package.json
+++ b/experimental/packages/opentelemetry-exporter-prometheus/package.json
@@ -53,7 +53,7 @@
     "nyc": "15.1.0",
     "sinon": "15.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.3.0"
diff --git a/experimental/packages/opentelemetry-instrumentation-fetch/package.json b/experimental/packages/opentelemetry-instrumentation-fetch/package.json
index 407d23a591..85890bf782 100644
--- a/experimental/packages/opentelemetry-instrumentation-fetch/package.json
+++ b/experimental/packages/opentelemetry-instrumentation-fetch/package.json
@@ -77,7 +77,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/experimental/packages/opentelemetry-instrumentation-grpc/package.json b/experimental/packages/opentelemetry-instrumentation-grpc/package.json
index 335e0d9ad2..b1a63d127b 100644
--- a/experimental/packages/opentelemetry-instrumentation-grpc/package.json
+++ b/experimental/packages/opentelemetry-instrumentation-grpc/package.json
@@ -64,7 +64,7 @@
     "semver": "7.3.5",
     "sinon": "15.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.3.0"
diff --git a/experimental/packages/opentelemetry-instrumentation-http/package.json b/experimental/packages/opentelemetry-instrumentation-http/package.json
index 99b790281b..7df51ddacb 100644
--- a/experimental/packages/opentelemetry-instrumentation-http/package.json
+++ b/experimental/packages/opentelemetry-instrumentation-http/package.json
@@ -66,7 +66,7 @@
     "sinon": "15.0.0",
     "superagent": "8.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.3.0"
diff --git a/experimental/packages/opentelemetry-instrumentation-xml-http-request/package.json b/experimental/packages/opentelemetry-instrumentation-xml-http-request/package.json
index 2306d5cafc..ecdee1aee8 100644
--- a/experimental/packages/opentelemetry-instrumentation-xml-http-request/package.json
+++ b/experimental/packages/opentelemetry-instrumentation-xml-http-request/package.json
@@ -77,7 +77,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/experimental/packages/opentelemetry-instrumentation/package.json b/experimental/packages/opentelemetry-instrumentation/package.json
index 5c9cdc5f35..cdc654150a 100644
--- a/experimental/packages/opentelemetry-instrumentation/package.json
+++ b/experimental/packages/opentelemetry-instrumentation/package.json
@@ -100,7 +100,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/experimental/packages/opentelemetry-sdk-node/package.json b/experimental/packages/opentelemetry-sdk-node/package.json
index 4501bf893d..814bcb2941 100644
--- a/experimental/packages/opentelemetry-sdk-node/package.json
+++ b/experimental/packages/opentelemetry-sdk-node/package.json
@@ -75,7 +75,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "homepage": "https://github.com/open-telemetry/opentelemetry-js/tree/main/experimental/packages/opentelemetry-sdk-node",
   "sideEffects": false
diff --git a/experimental/packages/otlp-exporter-base/package.json b/experimental/packages/otlp-exporter-base/package.json
index 9b7bd09990..32506027bc 100644
--- a/experimental/packages/otlp-exporter-base/package.json
+++ b/experimental/packages/otlp-exporter-base/package.json
@@ -76,7 +76,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/experimental/packages/otlp-grpc-exporter-base/package.json b/experimental/packages/otlp-grpc-exporter-base/package.json
index 54771cddee..d361e53539 100644
--- a/experimental/packages/otlp-grpc-exporter-base/package.json
+++ b/experimental/packages/otlp-grpc-exporter-base/package.json
@@ -64,7 +64,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/experimental/packages/otlp-proto-exporter-base/package.json b/experimental/packages/otlp-proto-exporter-base/package.json
index eebf5a23ff..dcca9c5cf7 100644
--- a/experimental/packages/otlp-proto-exporter-base/package.json
+++ b/experimental/packages/otlp-proto-exporter-base/package.json
@@ -71,7 +71,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/experimental/packages/otlp-transformer/package.json b/experimental/packages/otlp-transformer/package.json
index bae16536f1..c92ecde114 100644
--- a/experimental/packages/otlp-transformer/package.json
+++ b/experimental/packages/otlp-transformer/package.json
@@ -72,7 +72,7 @@
     "nyc": "15.1.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0"
   },
   "dependencies": {
diff --git a/experimental/packages/sdk-logs/package.json b/experimental/packages/sdk-logs/package.json
index 54b6e04317..87c946149d 100644
--- a/experimental/packages/sdk-logs/package.json
+++ b/experimental/packages/sdk-logs/package.json
@@ -88,7 +88,7 @@
     "nyc": "15.1.0",
     "sinon": "14.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "dependencies": {
     "@opentelemetry/core": "1.13.0",
diff --git a/experimental/packages/shim-opencensus/package.json b/experimental/packages/shim-opencensus/package.json
index 7753c276d5..68901fc957 100644
--- a/experimental/packages/shim-opencensus/package.json
+++ b/experimental/packages/shim-opencensus/package.json
@@ -57,7 +57,7 @@
     "sinon": "15.0.0",
     "@types/sinon": "10.0.13",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opencensus/core": "^0.1.0",
diff --git a/integration-tests/propagation-validation-server/package.json b/integration-tests/propagation-validation-server/package.json
index f2d5d6e945..4b1a77baf7 100644
--- a/integration-tests/propagation-validation-server/package.json
+++ b/integration-tests/propagation-validation-server/package.json
@@ -20,7 +20,7 @@
     "express": "4.17.3"
   },
   "devDependencies": {
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "engines": {
     "node": ">=14"
diff --git a/package.json b/package.json
index d03e6ff438..fd942ac723 100644
--- a/package.json
+++ b/package.json
@@ -63,7 +63,7 @@
     "typedoc": "0.22.18",
     "typedoc-plugin-missing-exports": "1.0.0",
     "typedoc-plugin-resolve-crossmodule-references": "0.2.2",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "changelog": {
     "repo": "open-telemetry/opentelemetry-js",
diff --git a/packages/opentelemetry-context-async-hooks/package.json b/packages/opentelemetry-context-async-hooks/package.json
index efda2f556d..5ab0c8b463 100644
--- a/packages/opentelemetry-context-async-hooks/package.json
+++ b/packages/opentelemetry-context-async-hooks/package.json
@@ -51,7 +51,7 @@
     "mocha": "10.0.0",
     "nyc": "15.1.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": ">=1.0.0 <1.5.0"
diff --git a/packages/opentelemetry-context-zone-peer-dep/package.json b/packages/opentelemetry-context-zone-peer-dep/package.json
index dfcf81d491..f75d382948 100644
--- a/packages/opentelemetry-context-zone-peer-dep/package.json
+++ b/packages/opentelemetry-context-zone-peer-dep/package.json
@@ -74,7 +74,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "zone.js": "0.11.4"
diff --git a/packages/opentelemetry-context-zone/package.json b/packages/opentelemetry-context-zone/package.json
index 57d82fcbbc..d5303c18e0 100644
--- a/packages/opentelemetry-context-zone/package.json
+++ b/packages/opentelemetry-context-zone/package.json
@@ -67,7 +67,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/packages/opentelemetry-core/package.json b/packages/opentelemetry-core/package.json
index 5900c8d204..7722abd1e2 100644
--- a/packages/opentelemetry-core/package.json
+++ b/packages/opentelemetry-core/package.json
@@ -83,7 +83,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0"
   },
   "peerDependencies": {
diff --git a/packages/opentelemetry-exporter-jaeger/package.json b/packages/opentelemetry-exporter-jaeger/package.json
index 6dfc53b45c..96bec141bc 100644
--- a/packages/opentelemetry-exporter-jaeger/package.json
+++ b/packages/opentelemetry-exporter-jaeger/package.json
@@ -55,7 +55,7 @@
     "nyc": "15.1.0",
     "sinon": "15.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": "^1.0.0"
diff --git a/packages/opentelemetry-exporter-zipkin/package.json b/packages/opentelemetry-exporter-zipkin/package.json
index a6c0e26d47..d032bd250d 100644
--- a/packages/opentelemetry-exporter-zipkin/package.json
+++ b/packages/opentelemetry-exporter-zipkin/package.json
@@ -81,7 +81,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/packages/opentelemetry-propagator-b3/package.json b/packages/opentelemetry-propagator-b3/package.json
index 31fde1399c..4f239022b8 100644
--- a/packages/opentelemetry-propagator-b3/package.json
+++ b/packages/opentelemetry-propagator-b3/package.json
@@ -66,7 +66,7 @@
     "nyc": "15.1.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "homepage": "https://github.com/open-telemetry/opentelemetry-js/tree/main/packages/opentelemetry-propagator-b3",
   "sideEffects": false
diff --git a/packages/opentelemetry-propagator-jaeger/package.json b/packages/opentelemetry-propagator-jaeger/package.json
index 30aa851011..fc5b06c3f1 100644
--- a/packages/opentelemetry-propagator-jaeger/package.json
+++ b/packages/opentelemetry-propagator-jaeger/package.json
@@ -72,7 +72,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0"
   },
   "peerDependencies": {
diff --git a/packages/opentelemetry-resources/package.json b/packages/opentelemetry-resources/package.json
index a6bb86ecc5..07786374ff 100644
--- a/packages/opentelemetry-resources/package.json
+++ b/packages/opentelemetry-resources/package.json
@@ -80,7 +80,7 @@
     "nyc": "15.1.0",
     "sinon": "15.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/packages/opentelemetry-sdk-trace-base/package.json b/packages/opentelemetry-sdk-trace-base/package.json
index d493500dc1..598be79c90 100644
--- a/packages/opentelemetry-sdk-trace-base/package.json
+++ b/packages/opentelemetry-sdk-trace-base/package.json
@@ -84,7 +84,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0"
   },
   "peerDependencies": {
diff --git a/packages/opentelemetry-sdk-trace-node/package.json b/packages/opentelemetry-sdk-trace-node/package.json
index 60ef5ccba8..cc4088a3c6 100644
--- a/packages/opentelemetry-sdk-trace-node/package.json
+++ b/packages/opentelemetry-sdk-trace-node/package.json
@@ -57,7 +57,7 @@
     "nyc": "15.1.0",
     "sinon": "15.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": ">=1.0.0 <1.5.0"
diff --git a/packages/opentelemetry-sdk-trace-web/package.json b/packages/opentelemetry-sdk-trace-web/package.json
index 21110b939c..10f17ed7a6 100644
--- a/packages/opentelemetry-sdk-trace-web/package.json
+++ b/packages/opentelemetry-sdk-trace-web/package.json
@@ -81,7 +81,7 @@
     "sinon": "15.0.0",
     "ts-loader": "8.4.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4",
+    "typescript": "5.0.4",
     "webpack": "4.46.0",
     "webpack-cli": "4.9.1",
     "webpack-merge": "5.8.0"
diff --git a/packages/opentelemetry-semantic-conventions/package.json b/packages/opentelemetry-semantic-conventions/package.json
index 9f094c97cd..e73affe800 100644
--- a/packages/opentelemetry-semantic-conventions/package.json
+++ b/packages/opentelemetry-semantic-conventions/package.json
@@ -58,7 +58,7 @@
     "nyc": "15.1.0",
     "sinon": "15.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "homepage": "https://github.com/open-telemetry/opentelemetry-js/tree/main/packages/opentelemetry-semantic-conventions",
   "sideEffects": false
diff --git a/packages/opentelemetry-shim-opentracing/package.json b/packages/opentelemetry-shim-opentracing/package.json
index f009398ef2..186ef66530 100644
--- a/packages/opentelemetry-shim-opentracing/package.json
+++ b/packages/opentelemetry-shim-opentracing/package.json
@@ -52,7 +52,7 @@
     "mocha": "10.0.0",
     "nyc": "15.1.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": ">=1.0.0 <1.5.0"
diff --git a/packages/sdk-metrics/package.json b/packages/sdk-metrics/package.json
index db230fd6b5..f7d1e29ba7 100644
--- a/packages/sdk-metrics/package.json
+++ b/packages/sdk-metrics/package.json
@@ -70,7 +70,7 @@
     "nyc": "15.1.0",
     "sinon": "15.0.0",
     "ts-mocha": "10.0.0",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "peerDependencies": {
     "@opentelemetry/api": ">=1.3.0 <1.5.0"
diff --git a/packages/template/package.json b/packages/template/package.json
index 47b183c625..1833385d5d 100644
--- a/packages/template/package.json
+++ b/packages/template/package.json
@@ -79,7 +79,7 @@
   ],
   "devDependencies": {
     "@types/node": "18.6.5",
-    "typescript": "4.4.4"
+    "typescript": "5.0.4"
   },
   "Add these to devDependencies for testing": {
     "@types/mocha": "9.1.1",