This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid functional group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, its methoxy and sulfamoyl groups can enhance solubility and stability, facilitating its use in various reaction conditions. The compound is also employed in the development of bioactive compounds and materials with potential applications in medicinal chemistry and material science.