New The Ultimate Guide to AI Max: 1 year of AI Max for Google Search

Monthly market pulse

February 2026 Google Ads Market Benchmarks:
Highlighting the biggest KPI shift in the market.

Illustration of smec Market Observer - the Google Ads Benchmarks

undefinedundefinedThe biggest movers

Highlighting the biggest KPI shift in the market last month.


Metric

Value

Trend

Context

Standard Shopping CPC

0.34€

+9.7%

After January slowdown, Shopping CPC is back up +9.7%, while PMax CPC remains lower - on the same January levels; No change for Search CPC

Competitor Pressure - Amazon & Temu

41.6% Amazon; 
30% Temu

-5%

Our composite score of Competitor Pressure, indicating market visibility and competition overlap, is down -5% in February, softening the grip of giants Amazon and Temu

Google Search Click-Through Rate

15.2%

 +25% YoY

As the Year-over-Year impressions decline, the YoY CTR increases across Search (+25%), PMax (+22%) and Standard Shopping (+11%)


​​

Competitor Pressure index for Temu | smec

 

Check what Amazon & co are doing

 

 undefined Industry watch

February CPC per industry (Median data, Month-over-Month)

undefined Home / Garden: +12.5% 

undefined Electronics: +4.3% 

undefined Sporting Goods: -2.6%

Want to see how these trends impacted your specific industry?

Check out the live data in the smec Market Observer.