Bruce, 86, has presented 11 series' of the BBC1 reality show over the last decade but has decided it is now time to bow out.
The showbiz veteran will, however, continue to host the Children In Need and Christmas specials of the dancing competiton.
Announcing the news this afternoon (4 April), the BBC tweeted: After 10 wonderful years & 11 series, Sir Bruce Forsyth has decided to step down from the rigours of presenting the @bbcstrictly live shows.
"Sir Bruce is one of the great showbiz legends of our time and @bbcstrictly's success is due in vast amounts to him. This is not farewell.
"Sir Bruce will remain on @BBCOne and will present the @bbcstrictly Children in Need, Christmas and other yet to be announced specials."
Bruce has been co-hosting Strictly since 2004 and, last October, he was forced to miss an episode after falling ill with flu.
It was the first time he had missed a show due to illness since 2009.
After falling poorly in October, Bruce told The Sun: "The constant week-after-week can drag you down, especially when you are getting older."
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