This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules. The deuterated methoxy group can be advantageous in studies involving isotopic labeling, aiding in research related to reaction mechanisms or metabolic pathways. Additionally, it finds application in the development of pharmaceuticals and agrochemicals, where precise molecular modifications are crucial. Its use in material science is also notable, particularly in the synthesis of advanced polymers or electronic materials.