An electronic device according to an embodiment of the present disclosure may include a housing, a touch screen display exposed through a portion of the housing, at least one wireless communication circuit, an electromagnetic (EM) sensing circuit configured to sense an EM signal having a frequency band of 1 MHz or less, a processor operatively connected to the display, the wireless communication circuit, and the EM sensing circuit, and a memory configured to store at least one reference EM profile and information about at least one external access point and operatively connected to the processor, wherein the memory may store instructions that cause, when executed, the processor to obtain an EM signal from an external electronic device via the EM sensing circuit, identify a reference EM profile corresponding to the obtained EM signal based on the at least one reference EM profile, determine a location of the electronic device at least partially based on information about an external access point connected to the electronic device via the at least one wireless communication circuit, identify the external electronic device at least partially based on the identified reference EM profile, and display a graphic user interface (GUI) on the touch screen display at least partially based on information about the identified external electronic device.