The four Asian members secured the right to host the event at a meeting of the ICC Board in Dubai on Sunday, ahead of a joint bid by Australia and New Zealand, which will, instead, host the tournament in 2015.
And England, which stepped back from its original 2015 bid, has been awarded the 2019 Cricket World Cup, together with the 2009 ICC Twenty20 World Championship.
ICC president Ehsan Mani said: "We can now prepare with confidence for what promises to be the biggest occasion that cricket fans in Asia and around the world will ever have seen.
"This is the first time that members interested in hosting ICC events have been required to produce submissions that fulfil strict hosting criteria and we have been delighted with the process.
"The hosting of the ICC Cricket World Cup 2011 was one of the most difficult decisions I can recall the board having made as both submissions were exceptionally strong.
"Australia and New Zealand were very unfortunate to miss out on the 2011 event but it is very comforting to know that we already have in place an exceptionally strong host for the ICC Cricket World Cup 2015 and I congratulate both members for their outstanding submission.”
Cricket world governing body the ICC has awarded the 2011 Cricket World Cup to the joint Asian bid of Bangladesh, India, Sri Lanka and Pakistan.
