The 18-player event, hosted by Tiger Woods, was scheduled to start on December 3 in Albany in the Bahamas.

"Given the current global restrictions and ongoing developments resulting from COVID-19, the 2020 Hero World Challenge will not be played this year," read a statement from tournament organisers.

"This decision was made with the health and wellbeing of all tournament constituents and the Albany community in mind.

"We look forward to hosting 18 of the top players in the world and welcoming tournament guests to Albany, Bahamas next year."

Henrik Stenson is the tournament's defending champion, with Rickie Fowler, Bubba Watson and Jordan Spieth among the other recent winners.