Used as a precursor in the synthesis of indium-based transparent conductive oxides, particularly indium tin oxide (ITO) thin films, which are essential in flat panel displays, touchscreens, and solar cells. It serves as a key component in sol-gel processes for depositing high-purity, uniform coatings due to its reactivity with alcohols and moisture. Also employed in the fabrication of semiconductor materials and optoelectronic devices where precise control of indium content is required. Its solubility in organic solvents makes it suitable for spin-coating and chemical vapor deposition (CVD) techniques.