Corden, 38, will host the 2018's biggest music night after making his successful debut at the ceremony this February.
CBS made the announcement Wednesday during the network's upfront presentation at Carnegie Hall in New York City, according to The Hollywood Reporter.
The 60th edition of Grammys will be held at Madison Square Garden in NYC.
LA-based, Corden, who also previously hosted the Tony Awards on CBS, has regularly showcased his musical fluency on his popular talk show, which also has a "Carpool Karaoke" segment, in which he and his musical guests sing along to their songs whilst driving on a planned route.
The comedian even brought his signature musical programme to the Grammys stage, leading stars including Jennifer Lopez, John Legend and Keith Urban.
The ceremony will air Sunday, January 28 next year on CBS.