This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key intermediate for constructing complex molecules. Its boronate ester group enables efficient coupling with aryl halides, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its morpholine moiety can enhance solubility and stability, facilitating its use in drug discovery and development processes. The compound is also explored in material science for designing organic electronic components due to its potential in creating conjugated systems.