Elastic Search module provides a possibility to configure different search modes depending on the search attribute. With a suitable configuration, you can boost the relevance of the search results. In simple words, match mode (or search mode) is how the module handles the search request and what results are considered relevant.
Example returned products: bag for sports equipment, sports equipment for gym, sports essentials and gym equipment.
Match mode OR has a bit different behavior as it will return any products that contain at least one of the search terms. The same search sports equipment will retrieve products that contain either word.
Example returned products: tennis equipment, sports bag.