Top 5 Books and Reference Apps in Europe Q1 2023 Performance

In the first quarter of 2023, the top 5 Books and Reference apps in Europe exhibited notable trends across downloads, revenue, and active users. Here's an overview of their performance:

Audible: Audio Entertainment saw consistent growth in weekly revenue, peaking at around $1.1M in late February. Weekly downloads started strong at 240K in early January but gradually declined to 135K by the end of March. Active users showed a robust trend, increasing from 3M to over 3.2M during the quarter.

Storytel: Audiobooks & Ebooks maintained steady weekly revenue, with a peak of $259K in late February. Downloads remained fairly stable, fluctuating between 45K and 53K. Active users followed a similar trend, starting at 1.17M and ending the quarter at 1.12M.

Kobo Books - eBooks Audiobooks experienced varied weekly revenue, peaking at $67K at the start of January and dipping to $48K in mid-March. Downloads were relatively low, averaging around 10K per week. Active users slightly decreased, from 44K at the beginning of the quarter to 36K by the end.

GALATEA: Novels & Audiobooks showed a strong increase in revenue, reaching $153K in the last week of March. Downloads rose significantly from 11K in early January to 27K by the end of the quarter. Active users increased steadily, starting at 167K and ending at 204K.

Hinovel maintained consistent weekly revenue, peaking at $62K in late January. Downloads were modest, fluctuating around 6K to 8K per week. Active users decreased slightly from 72K at the beginning of the quarter to 64K by the end.

These insights are based on data from Sensor Tower, where more detailed analysis can be found.