This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions like the Suzuki-Miyaura reaction, where it acts as a boronic ester intermediate. Its structure, featuring a dioxaborolane group, makes it valuable for constructing complex molecules, especially in pharmaceutical research for developing drug candidates. Additionally, it is employed in material science for creating advanced polymers and organic electronic materials, owing to its ability to facilitate precise molecular assembly. Its sulfonamide moiety also contributes to its potential use in designing bioactive compounds with therapeutic applications.