This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a key reagent for forming carbon-carbon bonds. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the production of complex organic molecules, including pharmaceuticals and advanced materials. Additionally, it serves as a building block in the development of organic electronic materials, such as organic light-emitting diodes (OLEDs) and organic photovoltaic cells, due to its electron-donating diphenylamino group. Its unique structure also makes it useful in sensor applications, where it can detect specific analytes through boronic acid-diol interactions.