This compound 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 trimethylsilyl group enhances stability and reactivity, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the synthesis of complex organic molecules, including biaryl compounds, which are essential in drug discovery and material science. Its unique structure also allows for applications in functionalizing surfaces and creating molecular sensors for detecting specific analytes.