This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key intermediate for creating carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it finds use in the development of sensors and probes due to its ability to interact with diols and other biologically relevant molecules, aiding in biochemical research and diagnostics. Its sulfamoyl group further enhances its potential in designing drug candidates, particularly in targeting enzymes or receptors.