In this guide I will provide steps to upgrade VMware Workstation Pro 16 to 16.1. Before upgrading Workstation Pro 6.1 please read the release notes.
VMware Workstation 16.1.0 Pro Release Notes
First, shut down all virtual machines.
Upgrading
To upgrade, follow the below steps.
1- Run VMware Workstation, Select help From the Workstation user interface, and then Software Updates.

2- Select check for updates.

To download VMware Workstation:
Download VMware Workstation Pro 16.1 from VMware website
3- Select download and install.

4- Downloading VMware Workstation Pro 16.1.

5- Preparing for installation.

6- VMware Workstation pro wizard, click next.

7- Stop vmware.exe process.

8- Accept license agreement and then click next.

9- Click next.

10- Click next.

11- Click next.

12- Select the Upgrade button.

13- Upgrading VMware Workstation Pro.

Post-Upgrade.
14- After the upgrade to VMware Workstation Pro 16.1 is complete, Select License.

15- Type VMware Workstation license and then click enter.

16- Click finish.

About Version
17- Successfully upgrade to Workstation 16 Pro. Select help tab and then About VMware Workstation 16.1.

How to install VMware Workstation click here