diff --git a/.env b/.env
index 0b1a988875f79..81c64b3301018 100644
--- a/.env
+++ b/.env
@@ -89,7 +89,7 @@ TZ=UTC
 # Used through docker-compose.yml and serves as the default version for the
 # ci/scripts/install_vcpkg.sh script. Prefer to use short SHAs to keep the
 # docker tags more readable.
-VCPKG="943c5ef1c8f6b5e6ced092b242c8299caae2ff01"    # 2024.04.26 Release
+VCPKG="b2cb0da531c2f1f740045bfe7c4dac59f0b2b69c"    # 2024.11.16 Release
 
 # This must be updated when we update
 # ci/docker/python-wheel-windows-vs2019.dockerfile.
diff --git a/ci/scripts/python_wheel_manylinux_build.sh b/ci/scripts/python_wheel_manylinux_build.sh
index 6365fcfacfc38..e28443e36d875 100755
--- a/ci/scripts/python_wheel_manylinux_build.sh
+++ b/ci/scripts/python_wheel_manylinux_build.sh
@@ -132,7 +132,7 @@ cmake \
     ${ARROW_EXTRA_CMAKE_FLAGS} \
     -G ${CMAKE_GENERATOR} \
     /arrow/cpp
-cmake --build . --target install
+cmake --build . --verbose --target install
 popd
 
 # Check that we don't expose any unwanted symbols
diff --git a/ci/vcpkg/ports.patch b/ci/vcpkg/ports.patch
index 67fb2a4a3ea76..6253a4b7e9c4f 100644
--- a/ci/vcpkg/ports.patch
+++ b/ci/vcpkg/ports.patch
@@ -1,20 +1,16 @@
 diff --git a/ports/curl/portfile.cmake b/ports/curl/portfile.cmake
-index 7cab6f726..697ab1bb4 100644
+index 841bd7e0f..73c21c9ea 100644
 --- a/ports/curl/portfile.cmake
 +++ b/ports/curl/portfile.cmake
-@@ -84,9 +84,12 @@ vcpkg_cmake_configure(
+@@ -75,6 +75,8 @@ vcpkg_cmake_configure(
          -DBUILD_TESTING=OFF
          -DENABLE_CURL_MANUAL=OFF
          -DCURL_CA_FALLBACK=ON
 +        -DCURL_CA_PATH=none
 +        -DCURL_CA_BUNDLE=none
+         -DCURL_USE_PKGCONFIG=OFF
          -DCMAKE_DISABLE_FIND_PACKAGE_Perl=ON
-     OPTIONS_DEBUG
-         -DENABLE_DEBUG=ON
-+        ${EXTRA_ARGS_DEBUG}
- )
- vcpkg_cmake_install()
- vcpkg_copy_pdbs()
+     MAYBE_UNUSED_VARIABLES
 diff --git a/ports/llvm/portfile.cmake b/ports/llvm/portfile.cmake
 index a79c72a59..6b7fa6a66 100644
 --- a/ports/llvm/portfile.cmake
@@ -29,15 +25,17 @@ index a79c72a59..6b7fa6a66 100644
  
  vcpkg_cmake_install(ADD_BIN_TO_PATH)
 diff --git a/ports/snappy/portfile.cmake b/ports/snappy/portfile.cmake
-index 0c7098082..c603c3653 100644
+index c33046b..baf2c5e 100644
 --- a/ports/snappy/portfile.cmake
 +++ b/ports/snappy/portfile.cmake
-@@ -10,6 +10,7 @@ vcpkg_from_github(
-     PATCHES
+@@ -8,7 +8,9 @@ vcpkg_from_github(
          fix_clang-cl_build.patch
          no-werror.patch
+         pkgconfig.diff
 +        "snappy-disable-bmi.patch"
  )
++
+ file(COPY "${CURRENT_PORT_DIR}/snappy.pc.in" DESTINATION "${SOURCE_PATH}")
  
  vcpkg_cmake_configure(
 diff --git a/ports/snappy/snappy-disable-bmi.patch b/ports/snappy/snappy-disable-bmi.patch
@@ -65,56 +63,3 @@ index 000000000..e839c93a4
 + }
 + 
 + static inline bool LeftShiftOverflows(uint8_t value, uint32_t shift) {
-diff --git a/ports/thrift/portfile.cmake b/ports/thrift/portfile.cmake
-index 1501782..71d2147 100644
---- a/ports/thrift/portfile.cmake
-+++ b/ports/thrift/portfile.cmake
-@@ -12,7 +12,7 @@ vcpkg_find_acquire_program(BISON)
- vcpkg_from_github(
-     OUT_SOURCE_PATH SOURCE_PATH
-     REPO apache/thrift
--    REF "${VERSION}"
-+    REF "v${VERSION}"
-     SHA512 5e4ee9870b30fe5ba484d39781c435716f7f3903793dc8aae96594ca813b1a5a73363b84719038ca8fa3ab8ef0a419a28410d936ff7b3bbadf36fc085a6883ae
-     HEAD_REF master
-     PATCHES
-diff --git a/ports/thrift/vcpkg.json b/ports/thrift/vcpkg.json
-index 2d5a854..9ff49ec 100644
---- a/ports/thrift/vcpkg.json
-+++ b/ports/thrift/vcpkg.json
-@@ -1,6 +1,7 @@
- {
-   "name": "thrift",
-   "version": "0.20.0",
-+  "port-version": 1,
-   "description": "Apache Thrift is a software project spanning a variety of programming languages and use cases. Our goal is to make reliable, performant communication and data serialization across languages as efficient and seamless as possible.",
-   "homepage": "https://github.com/apache/thrift",
-   "license": "Apache-2.0",
-diff --git a/versions/baseline.json b/versions/baseline.json
-index c6ce736..9ad1d63 100644
---- a/versions/baseline.json
-+++ b/versions/baseline.json
-@@ -8622,7 +8622,7 @@
-     },
-     "thrift": {
-       "baseline": "0.20.0",
--      "port-version": 0
-+      "port-version": 1
-     },
-     "tidy-html5": {
-       "baseline": "5.8.0",
-diff --git a/versions/t-/thrift.json b/versions/t-/thrift.json
-index 3db38c5..7464bde 100644
---- a/versions/t-/thrift.json
-+++ b/versions/t-/thrift.json
-@@ -1,5 +1,10 @@
- {
-   "versions": [
-+    {
-+      "git-tree": "13757a6b05741cf3c9c39e3a1dcc5e5cd685e025",
-+      "version": "0.20.0",
-+      "port-version": 1
-+    },
-     {
-       "git-tree": "6855be1ce96497811d4eb0a9879baf6cf1b3610c",
-       "version": "0.20.0",
diff --git a/cpp/cmake_modules/ThirdpartyToolchain.cmake b/cpp/cmake_modules/ThirdpartyToolchain.cmake
index 35ad4089e7f91..c55f33d43ddc2 100644
--- a/cpp/cmake_modules/ThirdpartyToolchain.cmake
+++ b/cpp/cmake_modules/ThirdpartyToolchain.cmake
@@ -4717,6 +4717,9 @@ function(build_orc)
     if(TARGET absl::log_internal_check_op)
       target_link_libraries(orc::orc INTERFACE absl::log_internal_check_op)
     endif()
+    if(TARGET absl::log_internal_nullguard)
+      target_link_libraries(orc::orc INTERFACE absl::log_internal_nullguard)
+    endif()
     if(NOT MSVC)
       if(NOT APPLE AND ARROW_ENABLE_THREADING)
         target_link_libraries(orc::orc INTERFACE Threads::Threads)