diff --git a/dev/deps/spark-deps-hadoop-2.7 b/dev/deps/spark-deps-hadoop-2.7
index 3d15fc627f6de..d4a755b7e917d 100644
--- a/dev/deps/spark-deps-hadoop-2.7
+++ b/dev/deps/spark-deps-hadoop-2.7
@@ -17,9 +17,9 @@ apacheds-kerberos-codec-2.0.0-M15.jar
 api-asn1-api-1.0.0-M20.jar
 api-util-1.0.0-M20.jar
 arpack_combined_all-0.1.jar
-arrow-format-0.12.0.jar
-arrow-memory-0.12.0.jar
-arrow-vector-0.12.0.jar
+arrow-format-0.15.1.jar
+arrow-memory-0.15.1.jar
+arrow-vector-0.15.1.jar
 audience-annotations-0.5.0.jar
 automaton-1.11-8.jar
 avro-1.8.2.jar
@@ -83,7 +83,6 @@ hadoop-yarn-server-web-proxy-2.7.4.jar
 hk2-api-2.5.0.jar
 hk2-locator-2.5.0.jar
 hk2-utils-2.5.0.jar
-hppc-0.7.2.jar
 htrace-core-3.1.0-incubating.jar
 httpclient-4.5.6.jar
 httpcore-4.4.10.jar
diff --git a/dev/deps/spark-deps-hadoop-3.2 b/dev/deps/spark-deps-hadoop-3.2
index 6318217d4332f..5ffb9b064e134 100644
--- a/dev/deps/spark-deps-hadoop-3.2
+++ b/dev/deps/spark-deps-hadoop-3.2
@@ -14,9 +14,9 @@ aopalliance-1.0.jar
 aopalliance-repackaged-2.5.0.jar
 apache-log4j-extras-1.2.17.jar
 arpack_combined_all-0.1.jar
-arrow-format-0.12.0.jar
-arrow-memory-0.12.0.jar
-arrow-vector-0.12.0.jar
+arrow-format-0.15.1.jar
+arrow-memory-0.15.1.jar
+arrow-vector-0.15.1.jar
 audience-annotations-0.5.0.jar
 automaton-1.11-8.jar
 avro-1.8.2.jar
@@ -83,7 +83,6 @@ hive-storage-api-2.6.0.jar
 hk2-api-2.5.0.jar
 hk2-locator-2.5.0.jar
 hk2-utils-2.5.0.jar
-hppc-0.7.2.jar
 htrace-core4-4.1.0-incubating.jar
 httpclient-4.5.6.jar
 httpcore-4.4.10.jar
diff --git a/pom.xml b/pom.xml
index ee8a03cad0283..a9437b3e4ec88 100644
--- a/pom.xml
+++ b/pom.xml
@@ -203,7 +203,7 @@
     If you are changing Arrow version specification, please check ./python/pyspark/sql/utils.py,
     and ./python/setup.py too.
     -->
-    <arrow.version>0.15.0</arrow.version>
+    <arrow.version>0.15.1</arrow.version>
 
     <test.java.home>${java.home}</test.java.home>
     <test.exclude.tags></test.exclude.tags>
diff --git a/python/pyspark/sql/utils.py b/python/pyspark/sql/utils.py
index a203f140303ab..4260c06f06060 100644
--- a/python/pyspark/sql/utils.py
+++ b/python/pyspark/sql/utils.py
@@ -160,7 +160,7 @@ def require_minimum_pyarrow_version():
     """ Raise ImportError if minimum version of pyarrow is not installed
     """
     # TODO(HyukjinKwon): Relocate and deduplicate the version specification.
-    minimum_pyarrow_version = "0.15.0"
+    minimum_pyarrow_version = "0.15.1"
 
     from distutils.version import LooseVersion
     import os
diff --git a/python/setup.py b/python/setup.py
index 580494cb02261..f20b5775995c5 100644
--- a/python/setup.py
+++ b/python/setup.py
@@ -106,7 +106,7 @@ def _supports_symlinks():
 # For Arrow, you should also check ./pom.xml and ensure there are no breaking changes in the
 # binary format protocol with the Java version, see ARROW_HOME/format/* for specifications.
 _minimum_pandas_version = "0.23.2"
-_minimum_pyarrow_version = "0.15.0"
+_minimum_pyarrow_version = "0.15.1"
 
 try:
     # We copy the shell script to be under pyspark/python/pyspark so that the launcher scripts