This usually happens if the WSL/WSL2 or Hyper-V is enabled which is blocking vmware from acting as a hypervisor. The easiest way to solve this is:
From an elevated administrator command prompt enter the following and then reboot:
bcdedit /set hypervisorlaunchtype offRun the following to reset to the way it was before and then reboot:
bcdedit /set hypervisorlaunchtype auto