The 'Get Lucky' star has signed to Columbia Records for the release, which will follow his 2006 LP 'In My Mind', reported Contactmusic.
The album will feature his track 'Happy' which he recently recorded for the world's first 24 hour-long music video.
It featured the 40-year-old rapper and producer along with cameos from Odd Future, Magic Johnson, Steve Carrell and Jimmy Kimmel - dancing through the streets of Los Angeles.
Pharrell has had a successful year in music, after collaborating with Robin Thicke for the hit 'Blurred Lines' and working with Daft Punk on their comeback single 'Get Lucky'.