So, the design view is not missing.
Only the location and the interface is updated. Due to which it seems difficult to find out the design tab on Android Studio.

Don't worry, after update I was also facing the same problem.

However, my eyes saw three new icons and suddenly I realized they are the new icons replaced.

Just click on those icons and change your view. There are total of three options.

#AndroidStudio
#DesignView
#DesignMissingAndroidStudio

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