This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a boronic acid reagent, enabling the formation of carbon-carbon bonds between aryl or vinyl groups. This makes it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Its methoxyphenyl group enhances stability and reactivity, making it suitable for constructing complex organic molecules. Additionally, it finds applications in the development of bioactive compounds and as an intermediate in the synthesis of organic electronic materials.