diff --git a/cpp/cmake_modules/ThirdpartyToolchain.cmake b/cpp/cmake_modules/ThirdpartyToolchain.cmake
index 82ed145b139e4..2e6b4be4b8841 100644
--- a/cpp/cmake_modules/ThirdpartyToolchain.cmake
+++ b/cpp/cmake_modules/ThirdpartyToolchain.cmake
@@ -4005,7 +4005,7 @@ endif()
 # OpenTelemetry C++
 
 macro(build_opentelemetry)
-  message("Building OpenTelemetry from source")
+  message(STATUS "Building OpenTelemetry from source")
 
   build_nlohmann_json_once()
   find_curl()
diff --git a/cpp/thirdparty/versions.txt b/cpp/thirdparty/versions.txt
index dc8ed692bdda5..4eb03f7fea2c7 100644
--- a/cpp/thirdparty/versions.txt
+++ b/cpp/thirdparty/versions.txt
@@ -66,8 +66,8 @@ ARROW_MIMALLOC_BUILD_VERSION=v1.7.3
 ARROW_MIMALLOC_BUILD_SHA256_CHECKSUM=0f987bda01ca9df87ec90e9d98c63fa893ee61f3cca565e5ca5ed744fdcc5109
 ARROW_NLOHMANN_JSON_BUILD_VERSION=v3.10.2
 ARROW_NLOHMANN_JSON_BUILD_SHA256_CHECKSUM=081ed0f9f89805c2d96335c3acfa993b39a0a5b4b4cef7edb68dd2210a13458c
-ARROW_OPENTELEMETRY_BUILD_VERSION=v1.1.0
-ARROW_OPENTELEMETRY_BUILD_SHA256_CHECKSUM=f8fd3adddd47be382dc79c19d7e7efcf86a0dfbb5a237db6e0618dbb7eb8e058
+ARROW_OPENTELEMETRY_BUILD_VERSION=v1.2.0
+ARROW_OPENTELEMETRY_BUILD_SHA256_CHECKSUM=7a6420f9e4fa44b81a5b06e30e5e116da71decc9086e5cc4f126e1efc8a397c2
 ARROW_OPENTELEMETRY_PROTO_BUILD_VERSION=v0.11.0
 ARROW_OPENTELEMETRY_PROTO_BUILD_SHA256_CHECKSUM=985367f8905e91018e636cbf0d83ab3f834b665c4f5899a27d10cae9657710e2
 ARROW_ORC_BUILD_VERSION=1.7.3