diff --git a/homeassistant/package_constraints.txt b/homeassistant/package_constraints.txt
index d5731041d08..b149c4dafb8 100644
--- a/homeassistant/package_constraints.txt
+++ b/homeassistant/package_constraints.txt
@@ -145,7 +145,7 @@ pyOpenSSL>=24.0.0
 
 # protobuf must be in package constraints for the wheel
 # builder to build binary wheels
-protobuf==5.28.3
+protobuf==5.29.2
 
 # faust-cchardet: Ensure we have a version we can build wheels
 # 2.1.18 is the first version that works with our wheel builder
diff --git a/requirements_test.txt b/requirements_test.txt
index e8561eba0a5..2a6841ada2a 100644
--- a/requirements_test.txt
+++ b/requirements_test.txt
@@ -43,7 +43,7 @@ types-chardet==0.1.5
 types-decorator==5.1.8.20240310
 types-paho-mqtt==1.6.0.20240321
 types-pillow==10.2.0.20240822
-types-protobuf==5.28.3.20241030
+types-protobuf==5.29.1.20241207
 types-psutil==6.1.0.20241102
 types-python-dateutil==2.9.0.20241003
 types-python-slugify==8.0.2.20240310
diff --git a/script/gen_requirements_all.py b/script/gen_requirements_all.py
index 71229d0b57d..c447c64f655 100755
--- a/script/gen_requirements_all.py
+++ b/script/gen_requirements_all.py
@@ -178,7 +178,7 @@ pyOpenSSL>=24.0.0
 
 # protobuf must be in package constraints for the wheel
 # builder to build binary wheels
-protobuf==5.28.3
+protobuf==5.29.2
 
 # faust-cchardet: Ensure we have a version we can build wheels
 # 2.1.18 is the first version that works with our wheel builder