This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a key intermediate for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. Its boronic acid group enables efficient formation of carbon-carbon bonds, making it valuable in creating biologically active compounds. Additionally, it finds use in material science for synthesizing advanced organic materials with specific electronic or structural properties. Its cyclopropyl and pyrrolidino groups contribute to its stability and reactivity, enhancing its versatility in various chemical applications.