Used as a precursor in the synthesis of indium-based materials for optoelectronic devices, such as transparent conductive oxides in flat-panel displays and touchscreens. Commonly employed in sol-gel processes to fabricate indium tin oxide (ITO) thin films due to its good solubility and reactivity. Also utilized in catalyst preparation and in the doping of semiconductors to modify electrical properties. Suitable for research in nanomaterials and sensor development where controlled indium delivery is required.