This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid reagent. Its structure, featuring a phenylboronic acid group, enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, its sulfonamide moiety can enhance solubility and stability, facilitating its use in various reaction conditions. The compound is also explored in materials science for the development of advanced polymers and sensors, leveraging its ability to interact with diols and other functional groups.