The legend won a record four Premier League Golden Boot awards during his eight-year stay in north London.
“To be inducted alongside Alan Shearer as the two first inductees into the Premier League Hall of Fame is more than special,” Henry said.
““When I was young, I was just trying to make sure I could get a pair of boots and now we’re talking about the Hall of Fame. During my career I wanted to play hard and make sure I was fighting for the cause, because that’s all the fans want to see. If you asked me at the start of my career about entering the Hall of Fame, I wouldn’t have believed you. It’s an amazing honour.”
The Hall of Fame recognises and celebrates the exceptional skill and talent of individuals who have graced the Premier League since its inception in 1992.
It is the highest individual honour awarded to players by the League.
A shortlist of 23 additional nominees eligible to join the Premier League Hall of Fame in 2021 will be announced during the show.
Fans are invited to cast their vote from 7pm and help select the remaining six inductees to the 2021 Premier League Hall of Fame.
Voting will be at www.premierleague.com/halloffame and on the official Premier League app until May 9.