Welcome to the Community,
VMware Player is indeed the correct product, if you are looking for a free hypervisor. Another product - VMware Workstation - offers more features, but requires a paid license.
VMware also offers "VMware Fusion" which however is only for for MAC users.
Please note that these products have certain requirements regarding the host OS, and the hardware (processor).
If you have any issues, or questions, feel free to ask.
André