The International Cricket Council is preparing a bid for the game's inclusion in the 2028 Olympic Games in Los Angeles.
Cricket last featured in the 1900 Olympics in Paris and has rarely been played in other multi-sport events, which many believe is essential for the game's growth outside the Commonwealth nations.
"Our sport is united behind this bid, and we see the Olympics as a part of cricket's long-term future," ICC chair Greg Barclay said in a statement.
"We have more than a billion fans globally and almost 90 percent of them want to see cricket at the Olympics."
Cricket's 92 percent following is from South Asia where it is the dominant sport in India, Pakistan, Bangladesh, Sri Lanka and Afghanistan.
Barclay said including the game in the 2028 Games would be welcomed by the 30 million cricket fans in the United States.
"We believe cricket would be a great addition to the Olympic Games, but we know it won't be easy to secure our inclusion as there are so many other great sports out there wanting to do the same," the New Zealander said.
Cricket was played at the 1998 Commonwealth Games and a women's tournament will be held at next year's Games in Birmingham.
Reuters