This compound is primarily utilized in organic synthesis and materials science due to its unique boronic acid functional group, which enables it to participate in Suzuki-Miyaura cross-coupling reactions. These reactions are widely employed in the construction of complex organic molecules, particularly in the pharmaceutical industry for the synthesis of drug candidates. Additionally, its structure, featuring methoxy-substituted aromatic rings, makes it suitable for applications in optoelectronics, such as in the development of organic light-emitting diodes (OLEDs) or photovoltaic materials, where it can contribute to charge transport properties. Its ability to interact with diols also makes it useful in sensor technologies, particularly for detecting sugars or other biomolecules.