The veteran rocker is the only member of the Fab Four who has not been incorporated in the esteemed ceremony and will finally receive the honour to be a part of it for giving solo hits such as Photograph, You're Sixteen and No No Song in the 1970s, reveal industry insiders.
The last one to receive the honour was late George Harrison, who got it in 2004, three years after his demise in 2001.
According to the experts, the former Beatles drummer is expected to be inducted into the prestigious ceremony held in New York in 2008.
"Ringo's work as a solo artist has never been taken as seriously as the other ex-Beatles
"It's hard to imagine, but there was even a point in the Seventies when his recordings were briefly outselling those of John (Lennon), George and Paul (MCCartney).
"Having your own place in the Rock And Roll Hall Of Fame is generally considered to be one of the biggest honours a musician can have. Ringo is now among the favourites to be inducted next year."
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