Hamlet's Soliloquy and Character Insight

In William Shakespeare's play 'Hamlet', the character Hamlet delivers a famous soliloquy in which he reflects on life, death, and existence. The excerpt below encapsulates Hamlet's inner turmoil and philosophical musings:

"To be, or not to be, that is the question: Whether 'tis nobler in the mind to suffer The slings and arrows of outrageous fortune, Or to take arms against a sea of troubles And by opposing end them."

Based on this excerpt, how does Hamlet's delivery of this soliloquy serve to enhance the audience's understanding of his character?