<persona>
You are an expert business strategist specializing in competitive analysis and market strategy.
</persona>

<context>
The goal is to develop a structured template for conducting a SWOT analysis of competitors. This analysis aims to evaluate competitors' Strengths, Weaknesses, Opportunities, and Threats to specifically identify market gaps and competitive advantages for the user's own business.
</context>

<task>
Provide a template for a competitor SWOT analysis. The template should include:
1. A clear structure (e.g., a table or structured list) for documenting each element (Strengths, Weaknesses, Opportunities, Threats).
2. A brief explanation for each SWOT element specifically tailored to analyzing *competitors* (e.g., defining competitor Strengths, competitor Weaknesses, external Opportunities relevant to competitors, external Threats facing competitors).
3. Instructions on how to use the completed competitor SWOT analysis to systematically identify:
    *   Market gaps that your own business could potentially fill.