The Manchester City forward has played 16 matches for England since debuting in November 2012, and is set to add to his appearances against Switzerland in UEFA Euro 2016 qualifying on Tuesday.
Only nine players - Peter Shilton, David Beckham, Steven Gerrard, Bobby Moore, Ashley Cole, Bobby Charlton, Frank Lampard, Wayne Rooney and Billy Wright - have earned 100 or more appearances for England but the national boss has tipped Sterling to join the centurion club after settling in quick at City.
"His first games for City have been good," Hodgson said of Sterling, who moved to the Sky Blues from Liverpool this summer in a deal worth £49million.
"I didn't play him in San Marino to give others a chance, but he's ready to go tomorrow and we're hoping he brings his City form with him.
"It's a big year for him. He'll have a lot of big years: France in 2016, Russia in 2018, 2020 all over Europe, and [Qatar] 2022.
"At his age, he has plenty more to look forward to. I'm sure that one day he'll be looking forward to sitting here alongside me with over 100 caps."