This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group makes it a valuable intermediate for constructing complex molecules, especially in pharmaceutical research and development. It is often employed in the synthesis of biologically active compounds, including potential drug candidates, due to its ability to facilitate the formation of carbon-carbon bonds. Additionally, it may be utilized in material science for creating advanced polymers or functionalized materials with specific properties. Its sulfonamide moiety also contributes to its potential application in designing molecules with enhanced binding affinity or solubility.