Google has launched a new AdWords feature "Analyze competition" in Opportunities tab.
Google claims the ‘Analyze Competition’ feature in the Opportunities tab allows you to see how your AdWords performance compares to that of other businesses advertising on similar keyword categories. Comparison data provides a number of metrics such as impressions, clicks, CTR, and average position. All data is anonymous to ensure advertiser privacy.
Categories are based on actual Google.com search terms and are matched up against your keywords, ad text, and landing page text. For each category associated with your account, you'll see a bar graph, which shows your individual performance compared to the average performance of other advertisers in the same category. The video below will give you a gist of areas this could help you on
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