Hi @Govind Sankar M R,
Please try the following solution. It will work starting from SQL Server 2017 onwards.
-- DDL and data population, start
DECLARE @tbl TABLE (ID INT IDENTITY PRIMARY KEY, tokens NVARCHAR(MAX));
INSERT @tbl (tokens) VALUES
('["Value1","Value2","Value3","Value4","Value5"]'),
('[Value1,Value2,Value3]');
-- DDL and data population, end
SELECT * FROM @tbl;
SELECT ID, value
FROM @tbl
CROSS APPLY (SELECT tokens = IIF(LEFT(tokens,2) <> '["',
'["' + TRIM('[]' FROM REPLACE(tokens, ',', '","')) + '"]', tokens)) AS t1(j)
CROSS APPLY OPENJSON(j);