VMware Workstation and VMware Player can run VMware VMs whose format is the same but differs slightly from the ESXi VM format.
It means that the application must be installed on the underlying host operating system running on a physical computer. VMware Player and VMware Workstation are both type 2 hypervisors. On top of enterprise grade VMware vSphere products such as ESXi, intended for using in production environments, VMware also provides virtualization applications such as VMware Workstation Player (also referred to as VMware Player) and VMware Workstation Pro (also known as VMware Workstation) for a wide range of users. VMware is one of the leaders in the market of virtualization solutions and its products are greatly respected by a high number of users and customers.
By Michael Bose VMware Workstation Pro vs VMware Workstation Player: How They Compare