Lenovo leads the global Chromebook market in Q1 2022 | All major vendors suffered double-digit falls

May 5th 2022

3 mins read

Lenovo leads the global Chromebook market in Q1 2022 | All major vendors suffered double-digit falls

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The global Chromebook shipments fell by 60% year on year in Q1 2022. According to a recent report from Canalys, the global Chromebook market has undergone an expected slowdown as only 4.9 million units were shipped in the quarter, and all the major vendors suffered double-digit falls in the quarter.

The slowdown in consumer and educational sector spending on Chromebooks after the COVID-19 demand spike is said to be the major reason behind the dip. As the educational sector is slowly moving back to physical classes, a slowdown was expected prior. Further, the biggest Chromebook market, North America, which makes about 72% of worldwide Chromebook shipments, fell by 64%.

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Lenovo leads the global Chromebook market with a 24.9% market share, shipping 1.22 million units. The company experienced a 62.3% decline in shipments. Acer was second, covering 23.1% of the market with its 1.12 million units in shipment, down 20% year on year.

Dell ended the quarter with total shipments of 876K units and covered 17.9% of the global PC market share. Among all the vendors, Dell saw the smallest decline of just 12.8%. On the other hand, HP suffered the steepest drop in shipments at 82.2%. The company did come 4th with a 15.8% market share and was able to ship 775K units, down from 4.3 million a year ago. Lastly, Asus rounded the top 5, with a 48% fall in shipments.

Worldwide Chromebook shipments (market share and annual growth)

Canalys PC Market Pulse: Q1 2022

Vendor (company)	Q1 2022 shipments	Q1 2022 market share	Q1 2021 shipments	Q1 2021 market share	Annual growth
Lenovo	1,221	24.9%	3,235	26.6%	-62.3%
Acer	1,129	23.1%	1,428	11.7%	-20.9%
Dell	876	17.9%	1,005	8.3%	-12.8%
HP	775	15.8%	4,364	35.9%	-82.2%
Asus	460	9.4%	879	7.2%	-47.7%
Others	437	8.9%	1,245	10.2%	-64.9%
Total	4,898	100.0%	12,156	100.0%	-59.7%

Note; Unit shipments in thousands. Percentages may not add up to 100% due to rounding.

Source: Canalys PC Analysis (sell-in shipments), May 2022

Despite huge drops, Canalys writes that the Chromebooks still had an impressive Q1 when viewed in the wider context of historical performance. Further, the growth is set to return as markets undergo refresh cycles and education markets solidify their plans around digitalization.

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