This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid reagent. Its structure, featuring a boronic acid group, enables it to form carbon-carbon bonds with aryl or vinyl halides in the presence of a palladium catalyst. This makes it valuable in the production of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Additionally, its sulfonamide moiety can contribute to biological activity, making it a potential candidate for drug discovery and development, particularly in targeting enzymes or receptors where sulfonamide groups play a role.