This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its structure, featuring a carbazole core and a boronate ester group, makes it a valuable component in the synthesis of organic semiconductors. The compound is often employed as a building block in the creation of emissive layers within OLED devices, contributing to efficient charge transport and enhanced luminescence. Additionally, it is used in the preparation of advanced materials for organic photovoltaics (OPVs), where it aids in improving the efficiency of energy conversion. Its role in cross-coupling reactions also makes it a key intermediate in the synthesis of complex organic molecules for various optoelectronic applications.