Download and install the Microsoft Data Access Components 2.8.

https://www.microsoft.com/en-au/download/details.aspx?id=21995

The following update will correct this issue.

https://social.msdn.microsoft.com/Forums/en-US/1d5c04c7-157f-4955-a14b-41d912d50a64/how-to-fix-error-quotthe-microsoftaceoledb120-provider-is-not-registered-on-the-local?forum=vstsdb

For Office 2010, the following update will correct this issue.

https://www.microsoft.com/en-us/download/details.aspx?id=39664

For Office 365 (please note, by default Office365 installs the 32-bit version regardless of your system), use:

https://www.microsoft.com/en-us/download/details.aspx?id=54920