This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. These reactions are essential for forming carbon-carbon bonds, enabling the creation of complex organic molecules. Its morpholine and boronic acid groups make it a valuable intermediate in pharmaceutical research, aiding in the development of drug candidates. Additionally, it is utilized in material science for the synthesis of advanced polymers and electronic materials. Its stability and reactivity under various conditions make it a versatile reagent in both academic and industrial settings.