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AI Insights · Timothy · April 2024

Top 5 Books and Reference Apps in Europe Q1 2024

Discover the performance of the top 5 Books and Reference apps on a unified platform in Europe for the first quarter of 2024. Insights include trends in downloads, revenue, and active users.

Top 5 Books and Reference Apps in Europe Q1 2024

In the first quarter of 2024, the top Books and Reference apps in Europe demonstrated varied performance in terms of downloads, revenue, and active users. Here’s a detailed look at the trends for the top 5 apps.

Audible: Audio Entertainment showed a steady increase in weekly revenue, peaking at around $1.1M in the final week of February. Weekly downloads fluctuated, with a notable decline from 189K at the start of January to 133K by the end of March. Active users also saw a decline from over 3.1M in early January to approximately 2.9M by the end of the quarter.

Storytel: Audiobooks & Ebooks experienced a consistent revenue stream throughout the quarter, reaching a high of $296K in the last week of February. Downloads saw a significant drop from 62.8K at the beginning of January to 42K by the end of March. Active users remained relatively stable, hovering around 1.1M.

GALATEA: Novels & Audiobooks had a mixed performance. Revenue peaked at $265K in the first week of February but later dipped to $225K by the end of March. Downloads followed a downward trend from 29.9K in early January to 21.4K in the last week of March. Active users remained steady, starting at 259K and ending the quarter at 224K.

Kobo Books - eBooks Audiobooks maintained a steady revenue flow, peaking at $70K in the last week of January. Downloads saw a decline from 15.6K in early January to 9.9K by the end of March. Active users also showed a slight decrease from 45.3K in the first week of January to 37.3K by late March.

Joyread had the lowest revenue among the top 5, with a peak of $121K in the first week of January and a decline to $82K by the end of March. Downloads dropped significantly from 37.4K at the start of January to 9.2K in the final week of March. Active users also decreased from 55.7K to 38.3K over the quarter.

These insights, sourced from Sensor Tower, highlight the dynamic nature of the Books and Reference app market in Europe. For more detailed information and further insights, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024