This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key intermediate for forming carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the production of biaryl compounds, which are essential in pharmaceuticals and agrochemicals. Additionally, it finds application in the development of advanced materials, such as organic semiconductors and liquid crystals, due to its ability to introduce specific functional groups into complex molecules. Its tert-butyl sulfamoyl moiety also contributes to its stability and reactivity, making it suitable for use in various catalytic processes and medicinal chemistry research.