Along with all the goodies of Android Nougat the update also includes the addition of a self-timer button for the front camera and the latest Xperia Home launcher with Google Now integration. The update also includes the December Security Update.
Company doesn't reveal the exact time frame and in which market it will release the update but it will soon be rolling out in all markets. Meanwhile you can check manually weather the update is available for your phone or not by heading over to the Setting's menu.
How many of you have already received the update? Do share your experience via comments below!