BBC 5 Live film critic Kermode told Digital Spy that he believes Sam Mendes's 007 film, released to mark the spy's 50th big-screen anniversary, is strong enough to be included in the major awards categories.
"The really interesting question is going to be Skyfall," Kermode said.
"How is Skyfall going to do at the awards because traditionally Bond movies are not awards movies? They're crowd-pleasers and they tend to be slightly neglected by the awards ceremonies.
"I think that what Sam Mendes has done with Skyfall is to reinvent the Bond franchise in a way that deserves to be an awards contender. I'd love to see Skyfall get significant nominations. I hope it does."
Skyfall recently became the first Bond movie to gross $1 billion at the worldwide box office. This year's Academy Awards will honour Bond's 50 years on screen, with Adele rumoured to be performing the film's title track at the ceremony.
[Daniel Day-Lewis in 'Lincoln']
Discussing this year's other big awards contenders, Kermode said: "I think you'd be very hard-pressed to call it. What's interesting is how news coverage is slightly confused.
"Everyone's saying, 'It's going to be Lincoln, it's going to be Daniel Day-Lewis'. I think it's a very open field, obviously the big contenders are going to be Lincoln, Les Misérables, Argo, Life of Pi."
Nominations for the EE BAFTA Film Awards will take place on January 9, while the 85th Academy Awards will announce their nominations on January 10.
The ceremony will take place at the Dolby Theatre in Los Angeles on February 24.
Photo gallery - Skyfall in pictures: