This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, due to the presence of the dioxaborolane group, which acts as a key intermediate in Suzuki-Miyaura coupling. This reaction is widely employed in the pharmaceutical and agrochemical industries to construct complex molecules, including active pharmaceutical ingredients (APIs) and advanced materials. Additionally, its sulfonamide moiety may contribute to biological activity, making it a potential candidate for drug discovery, especially in the development of enzyme inhibitors or antimicrobial agents. Its structural features also make it suitable for use in material science, such as in the synthesis of polymers or as a precursor for functionalized organic compounds.