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26 September 2012, 10:26
The 'Last Friday Night' singer has been recognised for her incredible 18 months after the release of 'Teenage Dream'.
Katy Perry has been named Woman of the Year ahead of the Billboard Women in Music event later this week.
The star will collect the prize following a whirlwind 18 months, which has seen her dominate pop charts around the world following the release of her second album 'Teenage Dream'.
Katy also released Part Of Me: 3D in cinemas this year and completed her 'California Dream' world tour, which included sold-out arena dates across the globe.
"Katy Perry broke into the industry not even five years ago, and has already accomplished more than most artists can hope for in an entire career," Bill Werde, Billboard's editorial director, said.
"We are thrilled to celebrate these incredible achievements and her amazing past 12 months by honouring her with the Billboard Woman of the Year Award.
Katy Perry's 'California Dreams' world tour saw her sell out arena venues around the world:
"With what seems like a never-ending supply of record-breaking, chart-topping hits, coupled with her unique and fresh style, Katy Perry is hands-down one of the most exciting and inspiring artists in the industry today."
Now in its seventh year, Billboard's annual Women in Music event has previously recognised Taylor Swift and Fergie.