Is it a cut-throat environment where they try to destroy each other? Or do they operate side-by-side without paying much attention to each other?
In the competitor analysis, you identify 3-4 competitors and discuss them in terms of their features, whether they have a particular PoW Point of difference that stands out in the market , image/self-respresentation and the type of audience(s) they target.
In addition, provide a brief evaluation of the nature of the market and rivalvry among the competitors.
For instance, is it a cut-throat environment where they try to destroy each other? Or do they operate side-by-side without paying much attention to each other? Or do they support each other like friends? You can use Porter’s 5 Forces