Disclosed is a method and system for controlling one or more beacon devices. In one implementation, the method comprises receiving a list of users connected to an access point and a list of beacon devices located within predefined distance from the access point and identifying a total number of users from the list of users utilizing a predefined service. Further, the method comprises generating a command based on comparison of the total number of users and a predefined threshold. The method furthermore comprises, transmitting the command to the one or more beacon devices, from the list of beacon devices, for one of a) activating the beacon devices, b) modifying a time interval between two consecutive beacons transmitted by the one or more beacon devices, or c) deactivating the beacon devices, thereby controlling the one or more beacon devices.