This compound is primarily used in the field of organic light-emitting diodes (OLEDs) due to its phosphorescent properties. It serves as an efficient emitter material, enabling the production of high-performance OLED displays with bright and long-lasting colors. Its application extends to lighting solutions, where it contributes to energy-efficient and durable light sources. Additionally, it is utilized in advanced optoelectronic devices, enhancing their performance and stability.