This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling. Its boronate ester functionality makes it a valuable intermediate for constructing complex organic molecules, especially in the development of organic electronic materials. It is often employed in the synthesis of conjugated polymers and small molecules used in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The fluorenyl group enhances the compound's stability and electronic properties, making it suitable for applications in advanced materials and optoelectronic devices. Additionally, it serves as a building block in medicinal chemistry for creating bioactive compounds with potential pharmaceutical applications.