The competition in Albany, Bahamas, is not a PGA Tour event, but all eyes in the world of golf will be watching as Woods makes his long-awaited comeback from a persistent back injury on November 30.
The 18-player field will be a good benchmark for the 41-year-old to measure his progress, with six of the top eight in the world rankings - Dustin Johnson, Jordan Spieth, Hideki Matsuyama, Justin Thomas, Jason Day, and Rickie Fowler - scheduled to play.
Woods said: "I am excited to return to competitive golf at the Hero World Challenge.