This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key reagent for forming carbon-carbon bonds. Its stability and reactivity make it suitable for constructing complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. It is also employed in the synthesis of bioactive compounds and intermediates in drug discovery. Additionally, its boronic ester functionality allows for selective transformations in the presence of other functional groups, enhancing its utility in multi-step synthetic processes.