The actual time depends on the computing power of your model, the number of media indexing files, and the number of packages installed.
The DSM update takes 10 to 20 minutes, while package update may take more than an hour. Reserve extra time to complete DSM 7.0.1 update.Before updating, your Synology NAS should be running DSM 6.2 or above versions.After installing DSM 7.0.1, you will not be able to downgrade to a previous DSM version.DSM 7.0.1 will restart your Synology NAS.