Novak Djokovic of Serbia plays a backhand against Luca Nardi of Italy in their third round match during the BNP Paribas Open at Indian Wells Tennis Garden on March 11, 2024 in Indian Wells, California. (PHOTO / AFP)

World number one Novak Djokovic will not compete in the Miami Open as he tries limit the number of events he plays this year, the 36-year-old Serb said on Saturday.

"At this stage of my career, I'm balancing my private and professional schedule," Djokovic posted on X.

"I'm sorry that I won't experience some of the best and most passionate fans in the world."

Djokovic has won the Miami Open six times with his most recent title coming in 2016.

The 24-times Grand Slam champion suffered a shock third-round loss to 123rd-ranked Italian Luka Nardi at Indian Wells on Monday.

READ MORE: Djokovic stunned by lucky loser Nardi at Indian Wells

Djokovic will bid to capture his first trophy of the year during the ATP Tour's claycourt swing.

Miami Open main draw action kicks off on Wednesday.