UEFA has announced that the competition will now take place between July 6-31.
Several tournaments due to happen in 2020 have been postponed as the coronavirus pandemic continues to affect events across the sporting calendar.
"When we had to take an urgent decision on the postponement of Euro 2020, we always had the impact on the women's Euro 2021 tournament in mind," UEFA president Aleksander Ceferin said in a statement.
"We have carefully considered all options, with our commitment to the growth of women's football at the forefront of our thinking. By moving the women's Euro to the following year, we are ensuring that our flagship women's competition will be the only major football tournament of the summer, providing it with the spotlight it deserves."
England was set to host the tournament in summer 2021, with the opening game at Old Trafford on July 7. The final was to be held on Aug. 1 at Wembley Stadium.
The postponement of the Olympics proved a particular problem for organisers as the Games were rescheduled to start on July 24, 2021 -- directly clashing with the European tournament.
Three European teams -- the Netherlands, England and Sweden -- were due to compete in the Games' football tournament, which is one of the biggest events in the women's international football calendar.
Qualification for both the men's and women's tournaments had been severely disrupted with UEFA suspending all games indefinitely due to the pandemic.
FIFA has reiterated its commitment to women's football despite the financial impact of the outbreak and still intend to invest $1 billion to help grow the sport globally.