Let $X$ be a locally compact Hausdorff topological space, denote by $M_n$ the $C^*$-algebra of complex $n\times n$ matrices, by $C_0(X,M_n)$ the $C^*$-algebra of continuous functions on $X$ with values in $M_n$ vanishing at infinity, and by $C_b(X,M_n)$ the $C^*$-algebra of bounded continuous functions on $X$ with values in $M_n$. Does there exist a description of all sub $C^*$-algebras of $C_0(X,M_n)$ or $C_b(X,M_n)$? I am most interested in the (easier?) case where $X$ is compact and sub $C^*$-algebras of $C(X,M_n)$ containing the unit of $C(X,M_n)$.

For the case $n=1$, i.e., for $C_0(X)$, you can find the answer here: What is the commutative analogue of a C*-subalgebra?.