This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key reagent for forming carbon-carbon bonds, enabling the creation of complex organic molecules. Its boronic acid group is highly effective in coupling with aryl halides, making it valuable in pharmaceutical research for developing drug intermediates. Additionally, it is used in material science for synthesizing advanced polymers and electronic materials. The morpholine sulfonyl group enhances its solubility and stability, facilitating its application in various catalytic processes.