Webinar UCP changes everything: Navigate the agentic commerce shift.
banner icon June 18, 2026 Register now

Monthly market pulse

May 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 in May 2026.


​​

Metric

Value

Trend

Context

Standard Shopping CPC

0.37€

+5.7%
MoM

In May 2026, while Performance Max (PMax) CPCs held steady for a third consecutive month, costs elsewhere climbed. Standard Shopping and Search CPCs saw notable increases, rising by 5.7% and 2.4% respectively.

Competitor Pressure Joybuy

31.04%

+19% MoM

Our custom Competitor Pressure metric—which averages a rival's visibility, ad overlap, and outranking frequency—caught a sharp surge from Joybuy, jumping from 26% to 31% in just one month.

PMax Click-Through Rate

1.60%

 +27% YoY

The trend of inflated year-over-year (YoY) CTR carried into May. The math behind it remains the same: overall impressions are down, while total clicks have flattened out near the 0% mark. For the first time in a long while, the YoY click trend for PMax reversed entirely, growing by +1.86%.


Joybuy is increasing competition in May. Our Competitor Pressure metric caught a sharp surge to 31% in May. | Source: Google Ads Benchmarks PRO by smec
 

Monitor competitors like Joybuy 

 


 undefined Industry watch

May 2026 Cost-per-click (CPC) trends per industry (Median data, Month-over-Month)

undefined Sporting Goods: +3.6%

undefined Books / Office products: +4.3%

undefined Electronics: -4.8%

Want to see how these trends impacted your specific industry?

Check out the live data in the smec Market Observer.