This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate for constructing complex organic molecules, especially in the development of pharmaceuticals and agrochemicals. Its deuterated structure (d10) makes it valuable in isotopic labeling studies, aiding in the investigation of metabolic pathways and drug mechanisms. Additionally, it is employed in material science for the synthesis of advanced polymers and electronic materials, where precise molecular architecture is essential. The boronic ester group enhances its stability and reactivity, making it a versatile reagent in various chemical transformations.