This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group makes it a valuable intermediate for constructing carbon-carbon bonds, enabling the formation of complex organic molecules. It is often employed in the pharmaceutical industry for synthesizing drug candidates or bioactive molecules. Additionally, it can be used in material science for developing advanced polymers or organic electronic materials. Its methoxy and amide functional groups further enhance its reactivity and versatility in various chemical transformations.