This chemical is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key reagent 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 is employed in the development of sensors and molecular probes due to its ability to interact with diols and sugars, making it useful in glucose detection and other biochemical applications. Its dimethylamino group further enhances its utility by improving solubility and reactivity in various organic solvents.