diff --git a/recipes/opencv/4.x/conandata.yml b/recipes/opencv/4.x/conandata.yml
index 867bde99de61c5..3ae70746357fab 100644
--- a/recipes/opencv/4.x/conandata.yml
+++ b/recipes/opencv/4.x/conandata.yml
@@ -46,6 +46,10 @@ patches:
       patch_description: "MinGW: disable obsensor to avoid build issue"
       patch_type: "portability"
       patch_source: "https://github.com/opencv/opencv/pull/24478"
+    - patch_file: "patches/4.8.1-0003-openvino-cmake-fix.patch"
+      patch_description: "Fixed issue with OpenVINO and static build"
+      patch_type: "portability"
+      patch_source: "https://github.com/opencv/opencv/pull/23963"
   "4.5.5":
     - patch_file: "patches/4.5.5-0001-find-openexr.patch"
       patch_description: "Robust discovery & injection of OpenEXR"
diff --git a/recipes/opencv/4.x/conanfile.py b/recipes/opencv/4.x/conanfile.py
index 31a4382eaa7289..274534c1d0869c 100644
--- a/recipes/opencv/4.x/conanfile.py
+++ b/recipes/opencv/4.x/conanfile.py
@@ -122,6 +122,7 @@ class OpenCVConan(ConanFile):
         "with_flatbuffers": [True, False],
         "with_protobuf": [True, False],
         "with_vulkan": [True, False],
+        "with_openvino": [True, False],
         "dnn_cuda": [True, False],
         # highgui module options
         "with_gtk": [True, False],
@@ -181,6 +182,7 @@ class OpenCVConan(ConanFile):
         "with_flatbuffers": True,
         "with_protobuf": True,
         "with_vulkan": False,
+        "with_openvino": False,
         "dnn_cuda": False,
         # highgui module options
         "with_gtk": False,
@@ -276,6 +278,10 @@ def _has_wechat_qrcode_option(self):
     def _has_barcode_option(self):
         return Version(self.version) >= "4.5.3" and Version(self.version) < "4.8.0"
 
+    @property
+    def _has_openvino_option(self):
+        return Version(self.version) >= "4.6.0"
+
     @property
     def _has_with_wayland_option(self):
         return Version(self.version) >= "4.7.0" and self.settings.os in ["Linux", "FreeBSD"]
@@ -422,6 +428,9 @@ def wayland():
         def xkbcommon():
             return ["xkbcommon::libxkbcommon"] if self.options.get_safe("with_wayland") else []
 
+        def openvino():
+            return ["openvino::Runtime"] if self.options.get_safe("with_openvino") else []
+
         def opencv_calib3d():
             return ["opencv_calib3d"] if self.options.calib3d else []
 
@@ -496,7 +505,7 @@ def opencv_xfeatures2d():
             "dnn": {
                 "is_built": self.options.dnn,
                 "mandatory_options": ["imgproc"],
-                "requires": ["opencv_core", "opencv_imgproc"] + protobuf() + vulkan() + ipp(),
+                "requires": ["opencv_core", "opencv_imgproc"] + protobuf() + vulkan() + ipp() + openvino(),
             },
             "features2d": {
                 "is_built": self.options.features2d,
@@ -1030,11 +1039,15 @@ def configure(self):
         # Call this first before any further manipulation of options based on other options
         self._solve_internal_dependency_graph(self._opencv_modules)
 
+        if not self._has_openvino_option:
+            self.options.rm_safe("with_openvino")
+
         if not self.options.dnn:
             self.options.rm_safe("dnn_cuda")
             self.options.rm_safe("with_flatbuffers")
             self.options.rm_safe("with_protobuf")
             self.options.rm_safe("with_vulkan")
+            self.options.rm_safe("with_openvino")
         if not self.options.highgui:
             self.options.rm_safe("with_gtk")
             self.options.rm_safe("with_wayland")
@@ -1094,6 +1107,8 @@ def requirements(self):
             self.requires("protobuf/3.21.12", transitive_libs=True)
         if self.options.get_safe("with_vulkan"):
             self.requires("vulkan-headers/1.3.268.0")
+        if self.options.get_safe("with_openvino"):
+            self.requires("openvino/2023.2.0")
         # gapi module dependencies
         if self.options.gapi:
             self.requires("ade/0.1.2d")
@@ -1475,8 +1490,10 @@ def generate(self):
 
         tc.variables["OPENCV_DNN_CUDA"] = self.options.get_safe("dnn_cuda", False)
 
+        if self._has_openvino_option:
+            tc.variables["WITH_OPENVINO"] = self.options.get_safe("with_openvino", False)
+
         if Version(self.version) >= "4.6.0":
-            tc.variables["WITH_OPENVINO"] = False
             tc.variables["WITH_TIMVX"] = False
         else:
             tc.variables["WITH_INF_ENGINE"] = False
diff --git a/recipes/opencv/4.x/patches/4.8.1-0003-openvino-cmake-fix.patch b/recipes/opencv/4.x/patches/4.8.1-0003-openvino-cmake-fix.patch
new file mode 100644
index 00000000000000..01a2aadd048401
--- /dev/null
+++ b/recipes/opencv/4.x/patches/4.8.1-0003-openvino-cmake-fix.patch
@@ -0,0 +1,23 @@
+--- a/cmake/OpenCVUtils.cmake
++++ b/cmake/OpenCVUtils.cmake
+@@ -1632,13 +1632,19 @@ function(ocv_add_external_target name inc link def)
+   endif()
+ endfunction()
+ 
++set(__OPENCV_EXPORTED_EXTERNAL_TARGETS "" CACHE INTERNAL "")
+ function(ocv_install_used_external_targets)
+   if(NOT BUILD_SHARED_LIBS
+       AND NOT (CMAKE_VERSION VERSION_LESS "3.13.0")  # upgrade CMake: https://gitlab.kitware.com/cmake/cmake/-/merge_requests/2152
+   )
+     foreach(tgt in ${ARGN})
+       if(tgt MATCHES "^ocv\.3rdparty\.")
+-        install(TARGETS ${tgt} EXPORT OpenCVModules)
++        list(FIND __OPENCV_EXPORTED_EXTERNAL_TARGETS "${tgt}" _found)
++        if(_found EQUAL -1)  # don't export target twice
++          install(TARGETS ${tgt} EXPORT OpenCVModules)
++          list(APPEND __OPENCV_EXPORTED_EXTERNAL_TARGETS "${tgt}")
++          set(__OPENCV_EXPORTED_EXTERNAL_TARGETS "${__OPENCV_EXPORTED_EXTERNAL_TARGETS}" CACHE INTERNAL "")
++        endif()
+       endif()
+     endforeach()
+   endif()