There are many competitors for Monero, but none is powerful enough. And I will not discuss about the coins whose anonymity is not 100% certain, those I don't care about.
Actually the only worthy new competitor for Monero would be Grin, if people would accept its inflationary nature.
In the trading industry, more competitors, more opportunity that these coins will going to be develop in some times. Which creates hype that will going to be a good opportunity for us to buy and sell.