Regular skipper Gareth McAuley will miss the trip to Molineux through suspension and Miller, deep into his second spell at Portman Road, admits it would be an honour.
He said: "I would love to lead the team out. It would be a fantastic honour.
"I have been at this club the longest one way or another and I know what it is all about.
"It would be a new one for me. I captained Hartlepool, but not Town, but I would relish it even if it was for one game."