diff --git a/iceoryx-sys/build.rs b/iceoryx-sys/build.rs
index eff7900..2c97196 100644
--- a/iceoryx-sys/build.rs
+++ b/iceoryx-sys/build.rs
@@ -5,9 +5,10 @@
 
 use std::env;
 use std::io::{Error, ErrorKind};
-use std::path::Path;
 use std::process::Command;
 
+const ICEORYX_VERSION: &str = "v2.0.3";
+
 fn make_and_install(source_dir: &str, build_dir: &str, install_dir: &str) -> std::io::Result<()> {
     let cmake_install_prefix = format!("-DCMAKE_INSTALL_PREFIX={}", install_dir);
     let cmake_prefix_path = format!("-DCMAKE_PREFIX_PATH={}", install_dir);
@@ -62,32 +63,33 @@ fn make_and_install(source_dir: &str, build_dir: &str, install_dir: &str) -> std
     Ok(())
 }
 
-fn clone_repo(repo: &str, branch: &str, source_dir: &str) -> std::io::Result<()> {
-    if !Path::new(source_dir).join(".git").exists() {
-        Command::new("git")
-            .args(&[
-                "clone",
-                repo,
-                &format!("--branch={}", branch),
-                "--recursive",
-                source_dir,
-            ])
-            .output()
-            .map_err(|out| {
-                println!("{:?}", out);
-                out
-            })
-            .map(|out| println!("{:?}", out))?;
-    } else {
-        Command::new("git")
-            .current_dir(source_dir)
-            .args(&["checkout", branch])
-            .output()
-            .map_err(|out| {
-                println!("{:?}", out);
-                out
-            })
-            .map(|out| println!("{:?}", out))?;
+fn extract_archive(archive_dir: &str, source_dir: &str, version: &str) -> std::io::Result<()> {
+    if !Command::new("mkdir")
+        .args(&["-p", &source_dir])
+        .status()?
+        .success()
+    {
+        return Err(Error::new(
+            ErrorKind::Other,
+            format!("Could not create source dir for '{}'!", source_dir),
+        ));
+    }
+
+    if !Command::new("tar")
+        .args(&[
+            "-xf",
+            &format!("{}/{}.tar.gz", archive_dir, version),
+            "-C",
+            &source_dir,
+            "--strip-components=1",
+        ])
+        .status()?
+        .success()
+    {
+        return Err(Error::new(
+            ErrorKind::Other,
+            format!("Could not extract archive '{}' to '{}'!", version, source_dir),
+        ));
     }
 
     Ok(())
@@ -95,18 +97,14 @@ fn clone_repo(repo: &str, branch: &str, source_dir: &str) -> std::io::Result<()>
 
 fn main() -> std::io::Result<()> {
     let out_dir = env::var("OUT_DIR").expect("Target output directory");
+    let manifest_dir = env::var("CARGO_MANIFEST_DIR").expect("Cargo manifest directory");
 
-    let iceoryx_source_dir = format!("{}/{}", out_dir, "iceoryx-git");
+    let iceoryx_archive_dir = format!("{}/{}", manifest_dir, "iceoryx-cpp");
+    let iceoryx_source_dir = format!("{}/{}/", out_dir, "iceoryx-cpp");
     let iceoryx_build_dir = format!("{}/{}", out_dir, "iceoryx-build");
     let iceoryx_install_dir = format!("{}/{}", out_dir, "iceoryx-install");
 
-    const ICEORYX_VERSION: &str = "v2.0.2";
-    const ICEORYX_GIT_BRANCH: &str = ICEORYX_VERSION;
-    clone_repo(
-        "https://github.com/eclipse-iceoryx/iceoryx.git",
-        ICEORYX_GIT_BRANCH,
-        &iceoryx_source_dir,
-    )?;
+    extract_archive(&iceoryx_archive_dir, &iceoryx_source_dir, ICEORYX_VERSION)?;
 
     make_and_install(
         &iceoryx_source_dir,
diff --git a/iceoryx-sys/iceoryx-cpp/update-iceoryx-cpp.sh b/iceoryx-sys/iceoryx-cpp/update-iceoryx-cpp.sh
new file mode 100755
index 0000000..56c70a4
--- /dev/null
+++ b/iceoryx-sys/iceoryx-cpp/update-iceoryx-cpp.sh
@@ -0,0 +1,147 @@
+#! /bin/bash
+
+shopt -s expand_aliases
+
+# colors
+RED='\033[0;31m'
+GREEN='\033[0;32m'
+YELLOW='\033[0;33m'
+CYAN='\033[0;36m'
+COLOR_OFF='\033[0m'
+
+GIT_TOPLEVEL=$(git rev-parse --show-toplevel)
+ICEORYX_CPP_BASE_DIR=$GIT_TOPLEVEL/iceoryx-sys/iceoryx-cpp
+ICEORYX_TAG="v0.0.0"
+
+DO_BUILD_ONLY=false
+DO_PREPARATORY_WORK=false
+DO_RELEASE=false
+
+OPTION_COUNTER=0
+while (( "$#" )); do
+    ((OPTION_COUNTER+=1))
+    if [[ $OPTION_COUNTER -gt 1 ]]; then
+        echo -e "${RED}Error:${COLOR_OFF} Too many arguments specified! Try '--help' for more information."
+        exit -1
+    fi
+
+    case $1 in
+        -h|--help)
+            echo "Script to update bundled iceoryx C++ source archive"
+            echo ""
+            echo "Usage: update-iceoryx-cpp.sh [option]"
+            echo "Only one option at a time is allowed!"
+            echo "Options:"
+            echo "    -t, --tag <TAG>                   Updates the bundled source archive with"
+            echo "                                      the given <TAG>"
+            echo "    -h, --help                        Prints this help"
+            echo ""
+            echo "Example:"
+            echo "    update-iceoryx-cpp.sh --tag v2.0.0"
+            exit 0
+            ;;
+        -t|--tag)
+            if [[ $# -ne 2 ]]; then
+                echo -e "${RED}Error:${COLOR_OFF} No parameter specified! Try '--help' for more information."
+            fi
+            ICEORYX_TAG="$2"
+
+            shift 2
+            ;;
+        *)
+            echo "Invalid argument '$1'. Try '--help' for options."
+            exit -1
+            ;;
+    esac
+done
+
+if [[ $OPTION_COUNTER -eq 0 ]]; then
+    echo -e "${RED}Error:${COLOR_OFF} No arguments specified! Try '--help' for more information."
+    exit -1
+fi
+
+####################
+# cd into base dir #
+####################
+
+cd $ICEORYX_CPP_BASE_DIR
+
+echo -e "${CYAN}Info:${COLOR_OFF} Entering '$(pwd)'"
+
+#######################
+# Remove old archives #
+#######################
+
+echo -e "${CYAN}Info:${COLOR_OFF} Removing old archives with the naming pattern 'v*.tar.gz*'"
+
+rm -rf v*\.tar\.gz*
+
+#######################
+# Downloading archive #
+#######################
+
+ICEORYX_ARCHIVE="${ICEORYX_TAG}.tar.gz"
+ICEORYX_ARCHIVE_LINK="https://github.com/eclipse-iceoryx/iceoryx/archive/refs/tags/${ICEORYX_ARCHIVE}"
+
+echo -e "${CYAN}Info:${COLOR_OFF} Fetching '${ICEORYX_ARCHIVE_LINK}'"
+
+wget ${ICEORYX_ARCHIVE_LINK} --quiet --show-progress
+
+if [ $? -ne 0 ]; then
+    echo -e "${RED}Error:${COLOR_OFF} Could not fetch '${ICEORYX_ARCHIVE_LINK}'"
+    exit -1
+fi
+
+##########################
+# Extracting new archive #
+##########################
+
+echo -e "${CYAN}Info:${COLOR_OFF} Extracting new source archive to '${ICEORYX_TAG}'"
+
+mkdir -p ${ICEORYX_TAG}
+tar -xf ${ICEORYX_ARCHIVE} -C ${ICEORYX_TAG} --strip-components=1 --atime-preserve=replace
+
+#################
+# Strip archive #
+#################
+
+echo -e "${CYAN}Info:${COLOR_OFF} Stripping source archive from unnecessary files"
+
+rm -rf ${ICEORYX_TAG}/.clang-format
+rm -rf ${ICEORYX_TAG}/.clang-tidy
+rm -rf ${ICEORYX_TAG}/.codecov.yml
+rm -rf ${ICEORYX_TAG}/.gitattributes
+rm -rf ${ICEORYX_TAG}/.github
+rm -rf ${ICEORYX_TAG}/.gitignore
+rm -rf ${ICEORYX_TAG}/cmake
+rm -rf ${ICEORYX_TAG}/doc
+rm -rf ${ICEORYX_TAG}/iceoryx_binding_c
+rm -rf ${ICEORYX_TAG}/iceoryx_dds
+rm -rf ${ICEORYX_TAG}/iceoryx_examples
+rm -rf ${ICEORYX_TAG}/iceoryx_integrationtest
+rm -rf ${ICEORYX_TAG}/iceoryx_meta
+rm -rf ${ICEORYX_TAG}/mkdocs.yml
+rm -rf ${ICEORYX_TAG}/tools
+
+rm -rf ${ICEORYX_TAG}/iceoryx_hoofs/test
+rm -rf ${ICEORYX_TAG}/iceoryx_posh/test
+# restore modified timestamp to prevent changes in archive checksum for repetitive updates to the same tag
+touch -r ${ICEORYX_TAG}/VERSION ${ICEORYX_TAG}/iceoryx_hoofs
+touch -r ${ICEORYX_TAG}/VERSION ${ICEORYX_TAG}/iceoryx_posh
+touch -r ${ICEORYX_TAG}/VERSION ${ICEORYX_TAG}
+
+#######################
+# Re-compress archive #
+#######################
+
+echo -e "${CYAN}Info:${COLOR_OFF} Re-compressing '${ICEORYX_TAG}' into '${ICEORYX_ARCHIVE}'"
+
+tar -czf ${ICEORYX_ARCHIVE} ${ICEORYX_TAG}
+
+##########################
+# Remove extracted archive #
+##########################
+
+echo -e "${CYAN}Info:${COLOR_OFF} Removing extracted file"
+
+rm -rf ${ICEORYX_TAG}
diff --git a/iceoryx-sys/iceoryx-cpp/v2.0.3.tar.gz b/iceoryx-sys/iceoryx-cpp/v2.0.3.tar.gz
new file mode 100644
index 0000000..834f0cd
Binary files /dev/null and b/iceoryx-sys/iceoryx-cpp/v2.0.3.tar.gz differ