This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura couplings. Its boronate ester group enables it to act as a key intermediate in the formation of carbon-carbon bonds, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its structure allows for functionalization of aromatic compounds, facilitating the development of complex molecules in drug discovery and material science. The amine group further enhances its reactivity, enabling modifications for targeted applications.