Used as a catalyst in organic synthesis, particularly in carbon-carbon bond formation reactions. Employed in the preparation of indium-containing semiconductor materials for optoelectronic devices. Serves as a precursor in chemical vapor deposition (CVD) processes to fabricate thin films used in transparent conductive coatings, such as ITO (Indium Tin Oxide) for touch screens, solar cells, and displays. Also utilized in research for synthesizing indium-based coordination compounds and luminescent materials.