Bon Jovi have sold more than 100 million albums around the world

Both acts will play at the induction ceremony, which takes place at London's Alexandra Palace on 14 November.

The hall of fame was created in 2004 for artists who are considered to be integral parts of "UK music culture".

Other inductees for this year have already been announced, including Dusty Springfield, Led Zeppelin, Rod Stewart and Beatles producer Sir George Martin.

Sir George will receive a special honour which recognises "his exceptional contribution to British music".

In addition to his work with the Beatles, the legendary producer also worked with artists as varied as Shirley Bassey, Matt Monro, Rolf Harris and Jim Carrey.

Tribute acts

Beach Boys' songwriter Brian Wilson will also enter the hall of fame, 40 years after the landmark Pet Sounds album was released.

Wilson has recorded seven solo albums since he left the Beach Boys, and will perform at the ceremony with his current band.

Other performers include Patti LaBelle and Joss Stone, who will sing two of the late Dusty Springfield's hits.

James Morrison will play a tribute to Rod Stewart, while Led Zeppelin will be honoured by rock band Wolfmother.

The show will be broadcast live on BBC Radio 2.

Recorded highlights will be shown on Channel 4 in the UK on 16 November and on VH1 in the US on 25 November.

A panel of more than 60 artists, journalists and music industry executives decide which artists go into the hall of fame.

Among the acts already inducted are the Beatles, the Rolling Stones, U2, Bob Dylan, and Elvis Presley.