During the elementary number theory course, I decided to self-study more and I got excited with distribution of prime numbers and was eager to study Analytic Number Theory. Unfortunately I wasn't offered any course on ANT. I did my master's project work on Prime Number Theorem and self-studied analytic number theory under the guidance of my supervisor. I felt very happy while studying ANT. Now I will join my PhD and I want to know if Analytic Number Theory an area of active research? Will it be worth doing PhD in Analytic Number Theory? I have seen very few people working in Analytic Number Theory.
As of now, it seems fun. I think it will help us to solve many unsolved problems in Number Theory. Can anyone else tell me what else I should expect? What else should I be prepared for?
Summary
1-Is Analytic Number Theory an active area of research?
2-What else should I expect to learn?
3-What should I know before beginning coursework with aim of pursuing ANT in research?
4-What are the books for Analytic Number Theory? I would prefer to begin with easy to understand book before studying a complicated one.
Disclaimer: My area is multiplicative ANT, so this answer is largely dedicated to that particular area. An answer that can elaborate on some aspects of additive ANT would be most welcomed.
Question 1. Analytic Number Theory is absolutely an active research area. I would go so far as to say it is thriving at the moment. I am currently finishing up my PhD in the area and can say with certainty that it is a fertile area for research. My area is multiplicative number theory, so I'll primarily focus on this area. Since you did your masters on the Prime Number Theorem, I'll assume you're interested in this particular area as well. To show you that the area is active, I've included at the end of this post a list of 28 researchers who are actively publishing in the area of multiplicative ANT. This list is certainly not exhaustive and mainly consists of the people whose work I've been acquainted with.
Below are a few subfields of multiplicative ANT, along with a paper or two published within the last five years (these are chosen somewhat arbitrarily).
The study of $L$-functions. Since the advent of the Katz-Sarnak philosophy and the ability to formulate precise conjectures (and certainly before this as well), the study of moments of $L$-functions has become a popular topic of research. Other $L$-function topics include zero-density estimates, subconvexity bounds, and pair-correlation results. Some papers include this one by Heap and Soundarajan on moments of the zeta function and this one by Booker, Milonovich, and Ng on subconvexity for modular form $L$-functions.
Multiplicative functions. Quite recently, Radziwiłł and Matomäki revolutionized (and that term is not an overstatement) our understanding of multiplicative functions in short intervals (see also their second paper).
Sieve theory. There are many problems which can be tackled via sieve-theoretic techniques. Quite recently, Maynard made substantial progress on some quite difficult problems. See for instance this paper, this one, and this one.
These papers are all research-level mathematics, of course, and I don't include them for you to go and try to learn from at this point. Rather, I hope they illustrate that ANT (at least, the multiplicative variety) is alive and thriving.
Question 2. It depends on what you want to learn and research! That's a pretty broad question, but there are some standard techniques you can expect to learn (I speak from my own experience as a graduate student in multiplicative ANT).
It's difficult to say what all you should expect to learn, but these are a few of the things that are standard and/or generally applicable to many problems.
Question 3. As pertains to ANT, here's one thing that comes to mind: ANT (both multiplicative and additive) is a field that can become very technical. You might have an idea about how to make progress on a problem, but the technical details then take 20 pages to write up. A good portion of all mathematics research boils down to hard labor, and ANT is no different. You should expect to do a fair number of unpleasant but necessary calculations. Your coursework will most likely take you through some classical problems in which many calculations are simplified and/or only sketched.
Question 4. Here are some texts that I have found helpful in my studies.
If you have specific areas you're interested in, I can recommend other texts that are more focused on particular areas.
A most certainly incomplete list of active researchers in multiplicative ANT
Andrew Booker, Vorropan Chandee, Sary Drappeau, Kevin Ford, Peng Gao, Ayla Gafni, Andrew Granville, Adam Harper, Harold Helfgott, Peter Humphries, Rizwanur Kahn, Youness Lamzouri, Xiannan Li, Kaisa Matomäki, James Maynard, Micah Milonovich, Lillian Pierce, Paul Pollack, Maksym Radziwiłł, Igor Shparlinski, Kanann Soundarajan, Terrence Tao, Lola Thompson, Jesse Thorner, Caroline Turnage-Butterbaugh, Aled Walker, Matt Young
It should be noted that many of these researchers are also active doctoral advisors.