This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It acts as a key building block for creating complex organic molecules, especially in the pharmaceutical industry. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for synthesizing biologically active compounds, such as drug candidates or intermediates. The methoxy and pyrrolidinylsulfonyl groups enhance its reactivity and selectivity in these reactions. Additionally, it may be employed in material science for developing advanced polymers or functional materials. Its unique structure allows for precise modifications, contributing to the design of novel compounds with specific properties.