diff --git a/Makefile b/Makefile
index 7adb1da7..bd6e2933 100644
--- a/Makefile
+++ b/Makefile
@@ -7,7 +7,7 @@ MAKEFLAGS += --no-builtin-rules
 MAKEFLAGS += -j$(NPROCS)
 
 CURRENT_VERSION_MAJOR = 1
-CURRENT_VERSION_MINOR = 48
+CURRENT_VERSION_MINOR = 49
 CURRENT_VERSION_BUG = 0
 
 GIT_DESCRIBE := $(shell git describe)