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 synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, it can serve as an intermediate in the development of materials with specific electronic or optical properties, contributing to advancements in materials science. Its sulfonyl and methoxy groups may also enhance its reactivity and selectivity in certain chemical transformations.