An electronic device and a method for identifying a location by the electronic device are provided. The electronic device includes a display, a processor electrically connected with the display and a memory, and the memory storing instructions executed by the processor. The processor is configured to obtain a plurality of locations in a space-of-interest, detect a wireless signal from at least one external electronic device located in the space-of-interest or an adjacent area, obtain detection frequency data according to a frequency of detection of the wireless signal, and identify a current location of the electronic device based on at least part of the obtained detection frequency data.