The star of upcoming summer release Rock Of Ages will collect the award at the convention in Las Vegas on Apr 26.
Boneta will make his big screen debut in New Line’s film when it opens through Warner Bros on Jun 15.
He earned two Latin Grammy nominations during his career in Latin America as a singer and actor and can be seen on the small screen on the ABC family show Pretty Little Liars and the CW’s 90210.
“How exciting to think that Diego Boneta’s first film role, in this summer’s musical adventure, Rock Of Ages, will see him share the screen with the likes of Tom Cruise, Catherine Zeta-Jones and Alec Baldwin,” CinemaCon managing director Mitch Neuhauser said.
“We can’t wait to see him in the film and to see what the future holds for this talented young man. CinemaCon is thrilled to honour him as its Rising Star Of 2012.”
CinemaCon will take place in Las Vegas from Apr 23-26.