AI Insights · Timothy · April 2022
Top 5 Books and Reference Apps in Europe Q1 2022
Discover the performance of the top 5 Books and Reference apps on a unified platform in Europe during Q1 2022. Metrics include weekly downloads, revenue, and active users.
In Q1 2022, the top 5 Books and Reference apps in Europe showed varied performance in terms of weekly downloads, revenue, and active users. Here's a detailed look at their trends.
Storytel: Audiobooks & Ebooks experienced a steady weekly revenue, peaking at approximately $353K in the final week of February. Weekly downloads started strong at 126K in early January but saw a decline to about 55K towards the end of March. The app maintained a consistent active user base, with numbers slightly decreasing from 1.63M to 1.35M over the quarter.
GALATEA: Novels & Audiobooks saw a decrease in weekly revenue from $201K in early January to about $109K by the end of March. Weekly downloads also dropped significantly, from 52.5K at the start of the quarter to around 18.7K. Active users showed a downward trend, declining from 292K to 218K throughout the quarter.
Hinovel had relatively stable weekly revenue, fluctuating around $60K to $67K. Downloads were more volatile, starting at 16.5K in early January and ending at around 12.6K in late March. Active users remained fairly consistent, peaking at 112K in late February and closing the quarter at 95.6K.
WebNovel exhibited a steady but lower revenue stream, with weekly earnings ranging between $40K to $71K. Downloads were modest, starting at 13.2K in late December and fluctuating to about 7.4K by the end of March. Active users saw a slight increase from 69.6K to 64.2K over the quarter.
Dreame-Read Romance Stories maintained steady weekly revenue around $100K to $108K. Downloads showed a significant spike from 23.8K in late December to 40.2K in late February before settling at around 24.9K. Active users increased throughout the quarter, starting at 141K and peaking at 179K in early March.
These insights are derived from Sensor Tower data, providing a comprehensive overview of the Books and Reference app market in Europe for Q1 2022. For more in-depth analysis, visit Sensor Tower.