Discover key insights from the Study on the Next Data Frontier, available via the Publications Office of the European Union. This comprehensive research supports the European Strategy for Data through three core tasks: Task 1 mapping data needs for innovation and role of synthetic data, Task 2 analysing the use of automated data reporting mechanisms for demonstrating regulatory compliance, and Task 3 exploring the international aspects of the European data economy. Task 3 — delivered by CARSA — examines how Europe’s data markets connect with global value chains, identifying opportunities and challenges linked to international data flows, partnerships, and regulation. It highlights Europe’s potential to strengthen its digital sovereignty while fostering cooperation on data governance, innovation, and trusted data exchange with global partners. The findings provide essential insights for shaping Europe’s role in an increasingly interconnected data-driven world.