This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions. Its boronic acid functional group enables it to form stable covalent bonds with other organic molecules, making it a valuable reagent for constructing complex molecular structures. It is often employed in the pharmaceutical industry for the development of drug candidates, especially those requiring the incorporation of a fluorine atom for enhanced biological activity or metabolic stability. Additionally, it finds use in material science for the synthesis of advanced polymers and organic electronic materials. Its dimethylamino group can also facilitate solubility and reactivity in various solvents, enhancing its versatility in synthetic applications.