This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group serves as a key functional group, enabling the formation of carbon-carbon bonds, which is essential in constructing complex organic molecules. It is often employed in the development of pharmaceuticals, agrochemicals, and advanced materials, where precise molecular assembly is required. Additionally, its methoxy and amide groups contribute to its stability and reactivity, making it a valuable intermediate in medicinal chemistry for designing drug candidates with improved efficacy and selectivity.