An electronic device, comprising: at least one communication circuit; at least one processor operatively connected with the at least one communication circuit; and a memory operatively connected with the at least one processor, wherein the memory stores instructions to, when executed by the at least one processor, enable the at least one processor to: control the at least one communication circuit to establish a first communication connection with a first wearable device, control the at least one communication circuit to receive a first signal for establishing a second communication connection from a second wearable device, the first signal including first information indicating whether a user wears the second wearable device, identify whether the user wears the second wearable device based on the first information, and based on identifying that the user wears the second wearable device, control the at least one communication circuit to release the first communication connection and establish the second communication connection with the second wearable device, and based on identifying that the user does not wear the second wearable device, control the at least one communication circuit to maintain the first communication connection. at least one communication circuit; at least one processor operatively connected with the at least one communication circuit; and a memory operatively connected with the at least one processor, wherein the memory stores instructions to, when executed by the at least one processor, enable the at least one processor to: control the at least one communication circuit to establish a first communication connection with a first wearable device, control the at least one communication circuit to receive a first signal for establishing a second communication connection from a second wearable device, the first signal including first information indicating whether a user wears the second wearable device, identify whether the user wears the second wearable device based on the first information, and based on identifying that the user wears the second wearable device, control the at least one communication circuit to release the first communication connection and establish the second communication connection with the second wearable device, and based on identifying that the user does not wear the second wearable device, control the at least one communication circuit to maintain the first communication connection. control the at least one communication circuit to establish a first communication connection with a first wearable device, control the at least one communication circuit to receive a first signal for establishing a second communication connection from a second wearable device, the first signal including first information indicating whether a user wears the second wearable device, identify whether the user wears the second wearable device based on the first information, and based on identifying that the user wears the second wearable device, control the at least one communication circuit to release the first communication connection and establish the second communication connection with the second wearable device, and the first communication connection and establish the second communication connection with the second wearable device, and based on identifying that the user does not wear the second wearable device, control the at least one communication circuit to maintain the first communication connection.