The name was announced by filmmaker Sam Mendes at the Pinewood Studios near London.
Daniel Craig will be playing the iconic detective character for the fourth time.
Italian actress Monica Bellucci and France's Lea Seydoux have been unveiled as the new 'Bond girls'.
The shooting of the film commences next week, reports said.
The last Bond film which had hit the theatre was 'Skyfall'.
It was released in 2012.
The new film will release in the UK in 2015.