This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction, where it acts as a boronic acid reagent to form carbon-carbon bonds. Its structure, featuring a boronic acid group, makes it effective in coupling with aryl or vinyl halides in the presence of a palladium catalyst, enabling the synthesis of complex organic molecules. It is also employed in the development of pharmaceuticals and agrochemicals, where precise molecular construction is critical. Additionally, its sulfonamide moiety can contribute to interactions with biological targets, making it relevant in medicinal chemistry research for drug discovery and development.