This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. It serves as a valuable building block for constructing complex organic molecules, often in the development of pharmaceuticals, agrochemicals, and advanced materials. Its boronic ester group enables efficient coupling with aryl or vinyl halides, facilitating the creation of carbon-carbon bonds. Additionally, it finds applications in the synthesis of conjugated polymers and organic electronic materials, contributing to advancements in optoelectronics and sensor technologies. Its stability and reactivity make it a preferred choice in research and industrial settings for designing novel compounds with tailored properties.