In 1998, Bocelli was named one of People magazine's 50 Most Beautiful People. In 1999, he was nominated for Best New Artist at the Grammy Awards. "The Prayer" is his duet with Celine Dion for the animated film Quest for Camelot which won the Golden Globe Award for Best Original Song and was nominated for the Academy Award for Best Original Song. He captured a listing in the Guinness Book of World Records with the release of his classical album Sacred Arias, as he simultaneously held the top three positions on the US Classical Albums charts.

Bocelli was made a Grand Officer of the Order of Merit of the Italian Republic in 2006 and was honoured with a star on the Hollywood Walk of Fame on 2 March 2010 for his contribution to Live Theater.