diff --git a/azure-iot-device/azure/iot/device/constant.py b/azure-iot-device/azure/iot/device/constant.py
index 92161cd06..a69578e14 100644
--- a/azure-iot-device/azure/iot/device/constant.py
+++ b/azure-iot-device/azure/iot/device/constant.py
@@ -6,7 +6,7 @@
 """This module defines constants for use across the azure-iot-device package
 """
 
-VERSION = "2.14.0"
+VERSION = "3.1.0"
 IOTHUB_IDENTIFIER = "azure-iot-device-iothub-py"
 PROVISIONING_IDENTIFIER = "azure-iot-device-provisioning-py"
 IOTHUB_API_VERSION = "2019-10-01"
diff --git a/setup.py b/setup.py
index ca3f7df52..e0b857536 100644
--- a/setup.py
+++ b/setup.py
@@ -74,12 +74,12 @@
     install_requires=[
         # Define sub-dependencies due to pip dependency resolution bug
         # https://github.com/pypa/pip/issues/988
-        "urllib3>=2.2.2,<3.0.0",
+        "urllib3>=1.26.5,<1.27",
         # Actual project dependencies
         "deprecation>=2.1.0,<3.0.0",
-        "paho-mqtt>=1.6.1,<2.0.0",
+        "paho-mqtt>=2.0.0",
         "requests>=2.32.3,<3.0.0",
-        "requests-unixsocket2>=0.4.1",
+        "requests-unixsocket>=0.1.5,<1.0.0",
         "janus",
         "PySocks",
         "typing_extensions",