This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronic acid functional group makes it a valuable reagent for forming carbon-carbon bonds, which is essential in the production of complex organic molecules, including pharmaceuticals and agrochemicals. The spirocyclic structure and sulfonyl group enhance its stability and reactivity, making it suitable for use in diverse chemical environments. Additionally, it may serve as an intermediate in the development of biologically active compounds, contributing to drug discovery and material science research.